5763 29th Ave,Attached, Quadruplex, Quadruplex, Fourplex, Hialeah Heights

5763 29th Ave, Miami, Florida, 33142

Price $670,000.00

  • Lot size 2449
  • Year Build 1959
  • Waterfront
  • Zip 33142
  • Style Attached
  • Parking Description
  • Pool Yes
  • Status Active

Description

Great investment opportunity! Updated Fourplex on a large corner lot. All units are 1-bedroom / 1-bath occupied by excellent long-term Section-8 tenants. All have central a/c, undated bathrooms, kitchens and tile floors, ample parking and laundry room on site. Each unit has their own electric meter and water meter. Tenants pay their own utilities. Centrally located in a high-demand rental area, near expressways and major highways. Minutes from the Metro Rail Station and the Miami International Airport. Rents are below Fair Market Rents. Low maintenance property, currently operating at 6.7% Cap with potential for increase. Make your money work for you and start collecting nice income immediately!

Please call or text listing agent. Serious buyers only with POF. Please Do Not Disturb Tenants.

16 53 41 HIALEAH HGTS PB 28-24 LOTS 1 & 2 BLK 28 & 6FT ALLEY LYG S & ADJ CLOSED PER R-638-92 LOT SIZE 80.000 X 135 OR 19580-3789 0301 1

Less Than 1/4 Acre Lot

Great investment opportunity! Updated Fourplex on a large corner lot. All units are 1-bedroom / 1-bath occupied by excellent long-term Section-8 tenants. All have central a/c, undated bathrooms, kitchens and tile floors, ample parking and laundry room on site. Each unit has their own electric meter and water meter. Tenants pay their own utilities. Centrally located in a high-demand rental area, near expressways and major highways. Minutes from the Metro Rail Station and the Miami International Airport. Rents are below Fair Market Rents. Low maintenance property, currently operating at 6.7% Cap with potential for increase. Make your money work for you and start collecting nice income immediately!

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2020,Latitude:25.827244,Malone Id:1003810347,Cooling Y N:1,Heating Y N:1,List Price:670000,Listing Id:A11097503,Longitude:-80.242745,Mls Status:Active,Year Built:1959,Living Area:2449,Postal Code:33142,Street Name:29th Ave,Coordinates:1:25.827244,Photos Count:11,Building Name:HIALEAH HEIGHTS,Days On Market:2,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Hialeah Heights,On Market Date:2021-09-12,Parcel Number:30-31-16-009-6700,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Trash Collection,Stories Total:1,Street Number:5763,M I A M I R E_ Style:Fourplex,Public Remarks:Great investment opportunity! Updated Fourplex on a large corner lot. All units are 1-bedroom / 1-bath occupied by excellent long-term Section-8 tenants. All have central a/c, undated bathrooms, kitchens and tile floors, ample parking and laundry room on site. Each unit has their own electric meter and water meter. Tenants pay their own utilities. Centrally located in a high-demand rental area, near expressways and major highways. Minutes from the Metro Rail Station and the Miami International Airport. Rents are below Fair Market Rents. Low maintenance property, currently operating at 6.7% Cap with potential for increase. Make your money work for you and start collecting nice income immediately!,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2021-11-11,Private Remarks:Please call or text listing agent. Serious buyers only with POF. Please Do Not Disturb Tenants.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2211,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:HIALEAH HEIGHTS,Tax Annual Amount:5823,Unparsed Address:5763 NW 29th Ave, Miami FL 33142,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2449,Building Area Units:Square Feet,Lot Size Square Feet:2449,M I A M I R E_ L P Amt Sq Ft:273.5811,Original List Price:670000,Public Survey Range:31,Documents Available:1:Deposit - Security,2:Copy Of Lease(S),3:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:4,Syndication Remarks:Great investment opportunity! Updated Fourplex on a large corner lot. All units are 1-bedroom / 1-bath occupied by excellent long-term Section-8 tenants. All have central a/c, undated bathrooms, kitchens and tile floors, ample parking and laundry room on site. Each unit has their own electric meter and water meter. Tenants pay their own utilities. Centrally located in a high-demand rental area, near expressways and major highways. Minutes from the Metro Rail Station and the Miami International Airport. Rents are below Fair Market Rents. Low maintenance property, currently operating at 6.7% Cap with potential for increase. Make your money work for you and start collecting nice income immediately!,Listing Contract Date:2021-09-12,Originating System I D:miamire,Public Survey Section:16,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:5763,Tax Legal Description:16 53 41 HIALEAH HGTS PB 28-24 LOTS 1 & 2 BLK 28 & 6FT ALLEY LYG S & ADJ CLOSED PER R-638-92 LOT SIZE 80.000 X 135 OR 19580-3789 0301 1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3.0%,M I A M I R E_ Adjusted Area S F:2212,Contract Status Change Date:2021-09-12,Internet Address Display Y N:1,Number Of Units In Community:4,Transaction Broker Compensation:3.0%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:273.58,

  • Price $670,000.00
  • Price Change: 2021-09-12
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1959
  • Waterfront
  • View
  • Pool Yes
  • Style Attached
  • Construction Stucco
  • Parking Description
  • Flooring Type Tile
  • Property Type Residential Income
  • Status Active
  • Listed 2021-09-12
  • Days on Market 13
  • Furnished
  • City Miami
  • Zip 33142
  • State Florida
  • Subdivision HIALEAH HEIGHTS
  • Development Name HIALEAH HEIGHTS, Hialeah Heights
  • HOA Fees
  • Taxes 5823
  • Taxes Year 2020