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20 W 37th St

Hialeah, FL

Listing Details

  • $1,375,000
  • MLS# A11983450
  • Type Multi Unit - Multiple
  • Status Pending
  • 4,652
    Square Feet
  • 1971
    Year Built

Description

Income-producing non-conforming 4-plex with two additional efficiency units, offering strong rental demand in the highly sought-after Hialeah rental market. The property features four corner 2-bedroom / 1-bath units plus two efficiencies generating approximately $1,700/month ($850 each) in additional income.Three of the four 2-bedroom units are currently leased below market, with long-term tenants of 10+ years and a history of consistent, on-time payments, providing stable cash flow and future upside potential.Unit 1 was fully remodeled in 2025, including new A/C, new ductwork, new kitchen, and new appliances. The 2-bedroom units feature... Read more central A/C, and the efficiencies have new wall A/C units.Located on Palm Avenue, the property offers easy access to Okeechobee Road, major highways, shopping, and the Metrorail station, making it attractive for long-term tenants and future renters alike.Great opportunity for investors seeking immediate income with value-add potential in one of Miami-Dades strongest rental markets.

Key Features

No amenity information available.

View All Features
20 W 37th St
Hialeah, FL 33012
Subdivision
PALM AVE LAWNS
County
Miami-Dade

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Cooling: Central Air
  • Crops Included Y/N: No
  • Days on Site: 50
  • Exterior: CBS Construction
  • Flooring: Terrazzo
  • Heating: Central
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Listing Terms: All Cash
  • Lot Description: Less Than 1/4 Acre Lot
  • Parcel#: 04-31-06-005-0070
  • Property Attached Y/N: No
  • Property Sub-Type: Quadruplex
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $15,064
  • Year Built: 1971