Description

Located in Hialeah, this income-producing duplex presents a rare investment opportunity featuring two separate residences on a single folio. The primary home offers two bedrooms, one bathroom, and an additional den, while the detached secondary residence at 157 W 26th Street includes one bedroom, one bathroom, and a kitchenette. Both units are equipped with central air conditioning and individually metered utilities. The current tenants have occupied the properties on month-to-month leases for more than a decade, with rents currently below market rates, creating immediate upside potential for investors. An additional shed with a window situated between the homes offers further possibilities for supplemental income. Adding to the property’s long-term value, the owner has already secured city-approved plans for the development of four twin-home villas, each approximately 900 square feet, along with a total of eight parking spaces, making this a compelling redevelopment and cash-flow opportunity.