101 11th St ,Other, Quadruplex, Casa Perla for Sale

101 11th St for Sale

Price $2,800,000.00

• Lot size 5921
• Year Build 1956
• Waterfront
• Zip 33010
• Style Other
• Parking Description
• Pool Yes
• Status Active

Description

Alerio Group is proud to exclusively bring 101 W 11 St. in Hialeah to market. This meticulously maintained 9-unit boutique multifamily is comprised of 2x 2/1 units (@ $2500 & $2100) & 7x 1/1 units (@ $1450-1700). This Premium Class B building has impact windows, a new roof, central AC in all units, 11 parking spaces and additional street parking, an enclosed courtyard, and coin-operated (2x) washers & (2x) dryers. Solid, Long-term tenants make this building easy to own & manage. Room to raise rents. AirBnB ready. Hialeah is one of the best rental markets in the nation. Real estate investments in the multifamily asset class perform well during inflationary periods and serve as an excellent diversification tool for any investment portfolio.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11449834 Only Qualified Showings by appointment only. Have your Pre-Qual or POF ready. DO NOT bother tenants. Fully rented w/ long-term tenants. 2x Section 8 (HHA) Tenants @ $1700. 9x Electrical meters in the building. House Elec. meter pays for W&D, house lights, and 1 tenant (8A) = apprx. $250 per month. Apprx. $200/ month in coin laundry income.

HIALEAH STUDIO ADD PB 9-5 LOTS 13 & 14 BLK 53 LOT SIZE 100.000 X 135 OR 20813-4311 1002 6(4)

1/4 To Less Than 1/2 Acre Lot

Alerio Group is proud to exclusively bring 101 W 11 St. in Hialeah to market. This meticulously maintained 9-unit boutique multifamily is comprised of 2x 2/1 units (@ $2500 & $2100) & 7x 1/1 units (@ $1450-1700). This Premium Class B building has impact windows, a new roof, central AC in all units, 11 parking spaces and additional street parking, an enclosed courtyard, and coin-operated (2x) washers & (2x) dryers. Solid, Long-term tenants make this building easy to own & manage. Room to raise rents. AirBnB ready. Hialeah is one of the best rental markets in the nation. Real estate investments in the multifamily asset class perform well during inflationary periods and serve as an excellent diversification tool for any investment portfolio.

City:Hialeah,Zoning:4600,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2022,Latitude:25.8318269,Cooling Y N:1,Heating Y N:1,List Price:2800000,Listing Id:A11449834,Longitude:-80.2838412,Mls Status:Active,Year Built:1956,Directions:Kindly use the navigation system to locate the property.,Inclusions:None,Living Area:5921,Postal Code:33010,Street Name:11th St,Coordinates:1:25.8318269,Photos Count:43,Building Name:Casa Perla,Days On Market:207,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Casa Perla,On Market Date:2023-11-09,Parcel Number:04-31-18-014-0420,Parking Total:11,Property Type:Residential Income,Rent Includes:1:Pest Control,2:Trash Collection,Stories Total:1,Street Number:101,M I A M I R E_ Style:Fourplex,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Pellego, LLC,Standard Status:Active,Window Features:1:High Impact Windows,Living Area Units:Square Feet,Major Change Type:Back On Market,Postal Code Plus4:4195,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:W,Subdivision Name:Casa Perla,Hialeah Acres,Tax Annual Amount:19836,Total Actual Rent:191400,Unparsed Address:101 W 11th St, Hialeah FL 33010,Listing Agreement:Exclusive Agency,Operating Expense:40921,Year Built Details:New Construction,Building Area Total:5921,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:472.8931,Original List Price:2800000,Property Condition:1:New Construction,Public Survey Range:31,Building Area Source:Building Plan/Survey,Documents Available:1:Copy Of Lease(S),2:Rent Rolls,3:Existing Survey,I D X Participation Y N:1,Net Operating Income:151279,Number Of Units Total:9,Listing Contract Date:2023-11-09,Originating System I D:miamire,Public Survey Section:18,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:101,Tax Legal Description:HIALEAH STUDIO ADD PB 9-5 LOTS 13 & 14 BLK 53 LOT SIZE 100.000 X 135 OR 20813-4311 1002 6(4),Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:5677,M I A M I R E_ Internet Remarks:Alerio is proud to introduce this 9-unit multifamily property in Hialeah, offering contemporary Miami Beach-style living at a fraction of the cost.,Contract Status Change Date:2023-11-09,Internet Address Display Y N:1,Number Of Units In Community:4,M I A M I R E_ Temp Off Market Date:2024-06-24,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:472.89,