1602 Palm Ave ,Commercial, Income Non-waterfront, Apartments for Sale & Rent

1602 Palm Ave for Sale & Rent

Price $1,650,000.00

• Lot size 6480
• Year Build 1953
• Waterfront
• Zip 33010
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Excellent opportunity to purchase this remodeled commercial property, consisting of two buildings with 4 apartments and 2 commercial units, with new impact doors and windows, new central AC, new bathrooms and kitchen cabinets, etc. The property is located in Hialeah close to City Hall ( 1602 Palm Ave ) with great income and room for improvement. The cap rate is 5.9%. Do not disturb the tenants, for additional information call Roberto. ***Do not disturb the tenants, okay to see the property on the outside *** Owner financing available with 50% or more down ***

Great buy, remodeled commercial property in Hialeah, all tenants are with a lease. Call Roberto for additional information.

18 53 41 HIALEAH 7TH ADDN PB 9-6 LOT 15 BLK 85 & 6FT ALLEY LYG W & ADJ CLOSED PER R-94-07 LOT SIZE 45.000 X 144 OR 9953-2088 0278 1

Central Business District, City Location, Corner Unit, Corner Lot

Excellent opportunity to purchase this remodeled commercial property, consisting of two buildings with 4 apartments and 2 commercial units, with new impact doors and windows, new central AC, new bathrooms and kitchen cabinets, etc. The property is located in Hialeah close to City Hall ( 1602 Palm Ave ) with great income and room for improvement. The cap rate is 5.9%. Do not disturb the tenants, for additional information call Roberto. ***Do not disturb the tenants, okay to see the property on the outside *** Owner financing available with 50% or more down ***

City:Hialeah,Roof:1:Concrete,Zoning:6400,Heating:1:Central Individual A/C,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:25.8364252,Cooling Y N:1,Heating Y N:1,Lease Term:1 To 3 Year Lease,List Price:1650000,Listing Id:A11223772,Longitude:-80.2821539,Mls Status:Active,Year Built:1953,Directions:Hialeah, palm ave & W 16th St.,Inclusions:Equipment,Leases,Postal Code:33010,Street Name:Palm Ave,Tenant Pays:1:Exterior Electric,2:Electricity,Coordinates:1:25.8364252,Gross Income:105300,Lot Features:1:City Location,2:Corner Unit,3:Corner Lot,Photos Count:5,Days On Market:261,Listing Terms:1:Cash,2:Conventional/Refinance,3:Owner Will Carry,Lot Size Units:Square Feet,On Market Date:2022-06-16,Other Expense:1750,Parcel Number:04-31-18-012-1750,Property Type:Commercial Sale,Stories Total:2,Street Number:1602,Trash Expense:1560,Public Remarks:Excellent opportunity to purchase this remodeled commercial property, consisting of two buildings with 4 apartments and 2 commercial units, with new impact doors and windows, new central AC, new bathrooms and kitchen cabinets, etc. The property is located in Hialeah close to City Hall ( 1602 Palm Ave ) with great income and room for improvement. The cap rate is 5.9%. Do not disturb the tenants, for additional information call Roberto. ***Do not disturb the tenants, okay to see the property on the outside *** Owner financing available with 50% or more down ***,County Or Parish:Miami-Dade County,Expiration Date:2023-12-31,List Office Name:Equator Realty,Private Remarks:Great buy, remodeled commercial property in Hialeah, all tenants are with a lease. Call Roberto for additional information.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,New Taxes Expense:6429,Postal Code Plus4:3034,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:6697,Unparsed Address:1602 Palm Ave, Hialeah FL 33010,Insurance Expense:3272,Listing Agreement:Exclusive Right To Sell,Operating Expense:14061,Road Frontage Type:1:Main Thoroughfare,Security Features:1:Smoke Detector(s),Year Built Details:Resale,Building Area Total:3860,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Dimensions:48x135,Lot Size Square Feet:6480,Number Of Buildings:2,Original List Price:1525000,Previous List Price:1524500,Public Survey Range:31,I D X Participation Y N:1,Maintenance Expense:1050,Net Operating Income:91269,Syndication Remarks:Excellent opportunity to purchase this remodeled commercial property, consisting of two buildings with 4 apartments and 2 commercial units, with new impact doors and windows, new central AC, new bathrooms and kitchen cabinets, etc. The property is located in Hialeah close to City Hall ( 1602 Palm Ave ) with great income and room for improvement. The cap rate is 5.9%. Do not disturb the tenants, for additional information call Roberto. ***Do not disturb the tenants, okay to see the property on the outside *** Owner financing available with 50% or more down ***,Financial Data Source:1:Owner Provided,Listing Contract Date:2022-06-16,Originating System I D:miamire,Public Survey Section:18,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:1602,Tax Legal Description:18 53 41 HIALEAH 7TH ADDN PB 9-6 LOT 15 BLK 85 & 6FT ALLEY LYG W & ADJ CLOSED PER R-94-07 LOT SIZE 45.000 X 144 OR 9953-2088 0278 1,Gross Scheduled Income:105300,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,Contract Status Change Date:2022-06-16,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,