Discover the potential of this outstanding investment property. This property currently generates an impressive $7,100 in monthly income from five rented units. With the owner-occupied unit available to rent for an additional $2,400, the total potential monthly income rises to an incredible $9,500. This is a rare opportunity to secure a high-yield investment in a prime location.
Current Monthly Income: $7,100
Unit 1: $1,300
Unit 2: $1,600
Unit 3: $1,800
Unit 4: $1,700
Unit 5: $600
Potential Additional Income: $2,400 (from owner-occupied unit)
Total Potential Monthly Income: $9,500
AS-IS Sale: The property will be sold as is, providing a straightforward transaction for the savvy investor looking to capitalize on this lucrative opportunity.
Type:
Single-family residential
Laundry Remarks:
Washer Hookup,Dryer Hookup
Subdivision:
4TH AVENUE EXTENSION TO H
Garage:
Driveway, Other, On Street
Cooling:
Central Air, Ceiling Fan(s)
Lot Description:
< 1/4 Acre
Appliances:
Dryer, Dishwasher, Electric Range, Microwave, Washer
271 E 57th St, Hialeah, FL, 33013
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
