1501 42Nd St Hialeah, FL 33012

This exceptional 20-unit multifamily property, situated at 1501 W 42nd St, Hialeah, FL 33012, presents a compelling investment opportunity. Built in 1987, this two-story building boasts 20 spacious two-bedroom, one-bathroom units, each averaging approximately 950 square feet – significantly larger than the average in the area. The property benefits from individual electric meters for each unit, promoting efficient utility management and cost allocation. A significant portion of the units, approximately 80%, have undergone renovations, enhancing their appeal and market value. Convenient on-site coin-operated laundry facilities provide an additional revenue stream. Each unit includes a dedicated parking space. Located in the heart of Hialeah, this property enjoys a prime location near Miami International Airport, Amelia Earhart Park, and numerous supermarkets, contributing to its strong rental demand and potential for capital appreciation. The property's strategic position within a rapidly growing Hispanic community further enhances its investment prospects. This is a rare opportunity to acquire a well-maintained, income-generating multifamily asset in a thriving market. The asking price is $5,750,000.