10 W 53rd Ter, Hialeah FL 33012

Description

Development Potential: approved plans: 4 units, each with 3 bedrooms and 2 bathrooms (1,600 sq ft per unit) Potential income $14,000 per month Maximum potential: (plans can be modified)to up to 12 units . Additional Considerations: Appreciation: Plans include 8 parking spaces, which may need to be increased if the number of units is maximized. Rental market: Research the local rental market to determine demand for 3/2 units and potential rental rates. Overall, this property offers significant potential for investors looking to capitalize on the growing demand for multifamily housing. Current State: Main house: 4 bedrooms, 3 bathrooms (potential rental income) Efficiency unit: 1 bedroom, 1 bathroom Land: 13,127 sq ft corner lot

This single family residence home located at 10 W 53rd Ter, Hialeah FL 33012 is currently for sale and has been available on Brickellsold for 82 days. This property is listed at $2M. It has 4 beds, 3 bathrooms, and is 1575 square feet. It was built in 1952. 10 W 53rd Ter, Hialeah FL 33012 is in Hialeah neighborhood Miami-Dade County.