324 74Th PlHialeah, FL 33014

Property Details for 324 74Th Pl

Year built

1988

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents seven 2-bedroom, 1.5-bathroom townhouses located at 324 W 74th Pl, Hialeah, Florida 33014, in the desirable Amelia District. Built in 1988, this single-building property offers a rare chance to acquire a well-maintained multifamily complex. Each unit boasts a fenced yard and private balcony, enhancing tenant appeal. The property features 14 total parking spaces (two per unit), a significant advantage in this area. Individual water and electric meters for each unit simplify management and billing. Recent updates include new flooring throughout, and two units feature newly renovated kitchens. The roof was replaced in 2014, ensuring long-term structural integrity. The property's central location near the Gratigny Expressway and Red Road provides easy access to major transportation routes. Estimated rental income per unit ranges from $2,600 to $2,750, promising strong cash flow. This turnkey investment is priced at $2,485,000 and offers a compelling return on investment. All units include in-unit washer/dryer hookups. Don't miss this chance to acquire a high-performing multifamily asset in a thriving Miami-Dade County location.

Location Insight

City

Hialeah

County

Miami-Dade

State

Florida

Latitude

25.8892

Longitude

-80.2896

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