157 E 5th St, Hialeah, FL 33010

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List Price
$4,490,000
MLS#
A12117544
Status
ACTIVE
Type
Commercial

Property Description

Exceptional opportunity to acquire a well-maintained, newer-construction multifamily property in the heart of Hialeah. Built in 2016, this two-story residential building features 13 rental units, each offering a spacious two-bedroom, one-bathroom layout, individually metered water and electricity, and impact-resistant windows. The property also includes an on-site laundry facility, providing added convenience for residents while generating an additional source of income for ownership. Parking is another attractive feature, with one assigned parking space for each residential unit, plus six additional guest parking spaces and one designated handicap-accessible parking space. With approximately 12,684 square feet of building area situated on a generous 20,250-square-foot lot, this property presents an attractive investment opportunity with multiple income streams in one of Miami-Dade County's established rental markets. Ideally located near Downtown Hialeah, the property offers convenient access to major expressways, Miami International Airport, shopping, dining, schools, parks, and recreational amenities. Its central location provides excellent connectivity to surrounding employment centers and the greater Miami metropolitan area. A compelling opportunity for investors seeking a well-maintained multifamily asset with established rental appeal, additional income potential, ample parking, and a strategic location in Hialeah.

Additional Information

Days on Market
2
Tax Amount
$59,670
Water Access
Building & Land
Parcel Number
04-31-18-001-2610
Lot Size
20,250
Address
157 E 5th St, Hialeah
Year Built
2016
Section
18

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Listing Courtesy of TruRes Real Estate Inc., Contact: