NOT LISTED FOR SALE
-- Bed
-- Bath
2,530 Sq Ft
1967 Built

Last Sold April 01, 2024

Last sale price $800,000 $316 Per Sq Ft

31 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window
  • Fenced
  • 1-Story Property

About This Home

As of April 2024

Best investment ever! This truly amazing, legal fourplex is located in the city of Hialeah. All units feature one bedroom, one bathroom, an open kitchen, generous living and sleeping areas, terrazzo flooring throughout, A/C wall units in both bedrooms and living rooms, and 2 parking spaces per unit with ample street parking available across the street. The roof was recently replaced. Market rent in the area can potentially be increased to $1,700/$1,800 a month, offering an amazing return on your investment. Please do not disturb the tenants or walk around the property. Contact the listing agent for more information. Showings will take place during due diligence period

Last Agent to Sell the Property

Miguel Solis

Douglas Elliman License #0624178 Listed on: 02/29/2024

Douglas Elliman

Co-Listed By

Mario Chirino

Douglas Elliman License #3055493

Last Buyer's Agent

Miguel Solis

Douglas Elliman License #0624178 Listed on: 02/29/2024

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,708

Year Built

  • Built in 1967

Lot Details

  • Fenced

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,530 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Terrazzo Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $54,000
  • Rent includes trash collection, water
  • Assessor Parcel Number 04-30-12-006-0560

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Trojan Park Amd Pl Condos
  • Trojan Park Amd Pl,Fourplex Hialeah Subdivision, Fourplex Floorplan

Building Details

  • Operating Expense $24,785
  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,708

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1967
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Co List Office Mls Id: DEOM19
  • Co List Office Phone: 305-695-6060
  • Horses: No
  • Master Model: FOURPLEX
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: TROJAN PARK AMD PL,FOURPLEX HIALEAH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Terrazzo
  • Living Area: 2530
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROJAN PARK AMD PL
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-30-12-006-0560
  • Zoning: 4600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection, Water

Multi Family

  • Net Operating Income: 31000
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 24785
  • Total Actual Rent: 54000

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9708

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $800,000 +0.1% $316 / Sq Ft
02/29/2024 02/29/24 For Sale $799,000 -- $316 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11542188

MIAMI REALTORS® MLS