For Sale Condominium 2 Bedrooms 1080SqFt at Hialeah

US$ 260,000

1950 W 54th St #406 Hialeah

FL, 33012 - A12018559

Status:Active






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Steven Mas

Steven Mas

+1 786 380 1027

stevenmasrealtor@gmail.com

EXP Realty LLC

Remarks

OPPORTUNITY KNOCKS! WEST HIALEAH REAL ESTATE PORTFOLIO! Incredible turnkey opportunity for Cash Investors of 4 strategic condo units sold together for immediate, stabilized cash flow in a high-demand submarket. Perfect for investors seeking a low-maintenance cash cow, this portfolio consists of three 2-bed/2-bath & one 2-bed/1-bath units across three premier, clustered condominium complexes: Lago Azul, Westland Eden I & Westland Eden II (MLS: A12018601, A12018600, A12018559, A12018558). Generating an attractive Gross Scheduled Income of $109,200/yr with an outstanding NOI of $77,408, it boasts an incredible 71% operating efficiency after taxes & assoc fees. Enjoy a unique investor advantage with minimal operational friction, low association fees, reserved parking, and no pending assessments in well-managed, well-funded associations. 2022 Roof & Elevators. Capital improvements include regularly maintained HVAC, hot water heaters and electric as well as updated bathrooms & kitchens. The portfolio is highly stabilized with leases extending into 2027, and one unit market-ready for immediate income. Strategically located in a central commuter hub tailored for the essential workforce, tenants enjoy short commutes via the Palmetto Expressway, SR 924, and I-75. Moments from Miami International Airport, Miami Dade College, Mount Sinai Medical Center, Westland Mall, Sedanos, Publix, local schools, and the Wilde Community Center & Library. Don't miss this high-yield, turnkey investment!

Amenities

Elevator(s)

Exercise Room

Pool

Closet Cabinetry

Entrance Foyer

Walk-In Closet(s)

Listing information courtesy of Compass Florida, LLC

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