*Investment Opportunity in Hialeah – High Income Potential*
Located in central Hialeah, this property is minutes from the Metro Rail, Hialeah Park, shopping, and the Palmetto Expressway. Ideal for *Airbnb* or *long-term rentals*, with no HOA restrictions.
The home features a *new roof (2024)*, recent renovations, and currently generates *$7,780/month* from four tenants. * Weekend Showing only* due to tenant occupancy.
Selling *CASH* or *Non-QM Loan* due to property being split into four units. If you want Certificate of occupancy may take up to 3 months to restore. Seller will not entertain low offers.
Great cash-flow opportunity—don’t miss out!
Type:
Single-family residential
Subdivision:
HIALEAH 5TH ADDN REV PL
Garage:
Driveway, Other, On Street
Cooling:
Central Air, Ceiling Fan(s)
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Pet Policy:
Size Limit, Yes
Appliances:
Electric Range, Microwave, Refrigerator
359 W 12th 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.
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
