1501 42nd St , for Sale

1501 42nd St for Sale

Price $5,750,000.00

• Lot size 33933
• Year Build 1987
• Waterfront
• Zip 33012
• Style
• Parking Description Assigned
• Pool Yes
• Status Pending

Description

Eco Stone Group Investments is pleased to present a 20-unit multifamily property located at 1501 W 42 St, Hialeah, FL, 33012, in the heart of Hialeah, the largest epicenter for the Hispanic community. Its density and desirability have allowed for rapid growth in rents and capital appreciation for the area. The property is close to prime destinations like Miami International Airport, The Amelia Earhart Park, multiple supermarkets. The property features: - 20 separate units, each with 2 bedrooms and 1 bathroom (approximately 950 sq.ft.), which are larger than average. - Separate electric meters for each unit. - 80% of the units have been renovated. - A parking space for each unit. - On-site coin laundry facilities generating additional income.

Please see attached brochure it contains all the financial information, Income , expenses etc!!!!

5TH ADDN TO SORA SUB PB 116-6 LOTS 6 & 7 BLK 11 LOT SIZE 33933 SQ FT OR 15921-5049 1192 4

Eco Stone Group Investments is pleased to present a 20-unit multifamily property located at 1501 W 42 St, Hialeah, FL, 33012, in the heart of Hialeah, the largest epicenter for the Hispanic community. Its density and desirability have allowed for rapid growth in rents and capital appreciation for the area. The property is close to prime destinations like Miami International Airport, The Amelia Earhart Park, multiple supermarkets. The property features: - 20 separate units, each with 2 bedrooms and 1 bathroom (approximately 950 sq.ft.), which are larger than average. - Separate electric meters for each unit. - 80% of the units have been renovated. - A parking space for each unit. - On-site coin laundry facilities generating additional income.

City:Hialeah,Zoning:4500,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:25.8600526,Cooling Y N:1,Heating Y N:1,List Price:5750000,Listing Id:A11598443,Longitude:-80.3132942,Mls Status:Pending,Year Built:1987,Directions:1501 W 42 ST Hialeah FL 33012,Postal Code:33012,Street Name:42nd St,Tenant Pays:1:Water,Coordinates:1:25.8600526,Photos Count:32,Business Type:1:Residential-Multi-Family,Days On Market:1,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:29,On Market Date:2024-05-31,Parcel Number:04-30-02-072-0260,Property Type:Commercial Sale,Stories Total:2,Street Number:1501,Public Remarks:Eco Stone Group Investments is pleased to present a 20-unit multifamily property located at 1501 W 42 St, Hialeah, FL, 33012, in the heart of Hialeah, the largest epicenter for the Hispanic community. Its density and desirability have allowed for rapid growth in rents and capital appreciation for the area. The property is close to prime destinations like Miami International Airport, The Amelia Earhart Park, multiple supermarkets. The property features: - 20 separate units, each with 2 bedrooms and 1 bathroom (approximately 950 sq.ft.), which are larger than average. - Separate electric meters for each unit. - 80% of the units have been renovated. - A parking space for each unit. - On-site coin laundry facilities generating additional income.,County Or Parish:Miami-Dade County,List Office Name:Habitat Realty LLC,Private Remarks:Please see attached brochure it contains all the financial information, Income , expenses etc!!!!,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:5883,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:W,Tax Annual Amount:72083,Unparsed Address:1501 W 42nd St, Hialeah FL 33012,Listing Agreement:Exclusive Agency,Security Features:1:Smoke Detector(s),2:Fire Sprinkler System,Building Area Total:19600,Building Area Units:Square Feet,Lot Size Square Feet:33933,Original List Price:6750000,Previous List Price:6750000,Public Survey Range:30,I D X Participation Y N:1,Syndication Remarks:Eco Stone Group Investments is pleased to present a 20-unit multifamily property located at 1501 W 42 St, Hialeah, FL, 33012, in the heart of Hialeah, the largest epicenter for the Hispanic community. Its density and desirability have allowed for rapid growth in rents and capital appreciation for the area. The property is close to prime destinations like Miami International Airport, The Amelia Earhart Park, multiple supermarkets. The property features: - 20 separate units, each with 2 bedrooms and 1 bathroom (approximately 950 sq.ft.), which are larger than average. - Separate electric meters for each unit. - 80% of the units have been renovated. - A parking space for each unit. - On-site coin laundry facilities generating additional income.,Listing Contract Date:2024-05-31,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:Call Listing Agent,Street Number Numeric:1501,Tax Legal Description:5TH ADDN TO SORA SUB PB 116-6 LOTS 6 & 7 BLK 11 LOT SIZE 33933 SQ FT OR 15921-5049 1192 4,Public Survey Township:30,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:0,M I A M I R E_ Internet Remarks:Eco Stone Group Investments is pleased to present a 20-unit multifamily property located at 1501 W 42 St Hialeah, FL, 33012, in the heart of Hialeah,Contract Status Change Date:2024-05-31,Internet Address Display Y N:1,Number Of Units In Community:1,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,