Property summary
This exceptional investment opportunity presents a six-unit multifamily property ideally situated at 322 & 326 NE 6th St in Hallandale Beach, Florida, 33009. Built in 1954, this property comprises two single-story buildings, offering a mix of six well-maintained units. The unit configuration includes four one-bedroom, one-bathroom apartments and two studio apartments. Each unit benefits from a separate electric meter, enhancing efficiency and individual tenant control. Further adding to the income potential, the property features on-site coin-operated laundry facilities. Impact windows provide both security and energy efficiency. Ample parking is available with over eight spaces for residents. The property is zoned Central RAC and enjoys a prime location, just off US-1, providing easy access to Gulfstream Park, Aventura Mall, the New Hallandale Shopping Center, and the beautiful beaches. With potential for rental income exceeding $117,000 annually upon market rate adjustments, this property represents a compelling investment opportunity in a thriving South Florida location. The property's strong location and features make it an attractive option for both seasoned investors and those seeking to enter the multifamily market.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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