423 UnitsHialeah, FL 33013

Property Details for 423 Units

Year built

2021

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 2021-built, three-story apartment building in Hialeah, Florida, presents a compelling investment opportunity. Located at 423 E 27th St, this nine-unit property boasts a desirable mix of unit configurations. Five units offer two bedrooms and two bathrooms, while the remaining four units feature two bedrooms plus a den, easily convertible into a third bedroom. All nine units are equipped with in-unit washer and dryer sets and feature high-quality porcelain flooring throughout. The property's low maintenance costs are a significant advantage, with alarm cameras, lawn care, and trash removal averaging less than $70 per unit monthly. This represents a substantial cost savings for the owner. The building's strong rental income potential is further enhanced by its prime location in Miami-Dade County, Florida, within the vibrant city of Hialeah, zip code 33013. The asking price for this turnkey investment is $3,999,000. This property is ideal for investors seeking a stable, high-performing asset with significant upside potential. The building's modern construction and desirable features ensure strong tenant demand and long-term value appreciation.

Location Insight

City

Hialeah

County

Miami-Dade

State

Florida

Latitude

25.847

Longitude

-80.2738

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