Investment Opportunity: Versatile Multi-Unit Property in Hialeah
Property Overview:
Address: 632 E 31st St, Hialeah, FL 33013
Beds/Baths: 5 bedrooms and 3 bathrooms
SqFt: 1,712
Lot SqFt: 8,400 SqFt lot
Current Configuration: Currently configured as two separate 2-bedroom, 1-bathroom units and a separate 1-bedroom, 1-bathroom unit with additional storage space, this property is ideal for rental income, or potential conversion into a larger single-family residence.
Key Features:
Recent Upgrades: The property features a relatively new roof (6 years old) and two central air conditioning units (4 years old), offering immediate peace of mind and reduced maintenance costs for the new owner.
Versatile Layout: The existing layout allows for multiple rental income streams or the opportunity to live in one unit and rent out the others, maximizing potential cash flow.
Lot Size: With a generous lot size, there is potential for future expansion or outdoor amenities, enhancing the property's value and appeal.
Vacant at Closing: The property will be delivered vacant at closing, providing flexibility for immediate occupancy or renovation plans.
Investment Strategy: Investors can capitalize on this property by updating interiors to attract higher rents or by reconfiguring the layout to maximize rental income potential. Alternatively, it presents an excellent opportunity for an owner-occupier looking to customize living arrangements to suit their needs while generating rental income from additional units.
Financial Details:
- Asking Price: $479,000
Next Steps: Please contact BRANDON MIGUEL at (786) 284-2354 OR BRANDON@CASH4KEYSBUYS.COM. Don't miss out on this versatile investment opportunity in the heart of Hialeah, offering both immediate and long-term financial potential!
Bedrooms | |
Bathrooms | |
Sq. footage |