50 40Th Pl Hialeah, FL 33012
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 50 40Th Pl
- Year built
- 1940
- Property type
- Small apartment buildings
Description
This charming 1940-built, two-story duplex in Hialeah, Florida, presents a fantastic investment opportunity. Located at 50 W 40th Pl, 33012, within Miami-Dade County, this multifamily property is priced at $649,999. The property boasts a sizable lot, offering potential for expansion. Each unit benefits from separate electric and water meters, simplifying utility management and potentially increasing rental income. The property is further enhanced by the presence of numerous fruit trees, adding to its appeal and potential for additional income streams. This duplex represents a solid investment in a desirable location, offering both immediate income generation and long-term growth potential. The property's age suggests potential for renovation and value enhancement, while the existing structure provides immediate cash flow. The separate utilities contribute to efficient management and potentially higher rental yields. The large lot provides significant expansion possibilities, allowing for future development or additional rental units. This is a rare opportunity to acquire a well-located, income-generating property with significant upside potential in a thriving Florida market. Don't miss this chance to add a valuable asset to your investment portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hialeah
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.283852
- Latitude
- 25.8587712
