715 W 29th St

Highlights:

• Building Features: Balconies, Landscaped
• Gross Income: 158400
• Number Of Buildings: 1
• Documents Available: Financial Statement, Rent Rolls
• Electric: Separate Meters
• Flooring: Ceramic Floor, Tile
• Construction Materials: CBS Construction
• Parking Features: Common
• Security Features: Smoke Detector(s), Security Fence
• Insurance Expense: 6276
• Ownership: Other Ownership

Description:

Eight-unit, two-story apartment building in Hialeah, Miami-Dade County. Four two-bedroom, one-bath units and four one-bedroom, one-bath units. Concrete block and stucco construction, built in 1968, with 5,332 sq ft of building area on a 6,375 sq ft lot. Roof replaced in 2019. Each unit has its own electric meter, plus one house meter. Eight on-site parking spaces, one per unit, including accessible parking. The property is fenced. Current rents are $1,450 per month for each one-bedroom and $1,850 per month for each two-bedroom. Scheduled gross income is $158,400 per year. Operating expenses are $46,478 per year, including 2025 real estate taxes of $18,742. Net operating income is $111,922 per year. Income and expenses are per owner records. Zoned C-2 per the Miami-Dade Property Appraiser. Sale includes land and building.

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Listing ID: A12100529