Excellent investment opportunity in the heart of Hialeah! This fully occupied, income-producing Multifamily features versatile, spacious layouts. There are a total of 4 units rented with great tenants. Two 2/1 and 2 studios. Total income rent is $6,725.00. One of the 2/1 units was fully renovated with modern finishes, including new kitchens, and impact windows. The property boasts ample on-site parking and a generous lot size. Centrally located, it provides quick, convenient access to local dining, shopping, public transportation, major highways, and Downtown Miami. A perfect addition to any investment portfolio or a great way to generate residual income while offsetting housing costs. Do not disturb tenants. Contact Listing Agent for showings.
233 E 7th St, Hialeah, FL, 33010
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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