$570,000
$649,000
12.2%For more information regarding the value of a property, please contact us for a free consultation.
5195 E 10th Ave Hialeah, FL 33013
5,118 SqFt
Key Details
Sold Price $570,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,118 sqft
Price per Sqft $111
MLS Listing ID A10777358
Sold Date 03/01/21
Construction Status Resale
HOA Y/N No
Year Built 1959
Contingent Pending Inspections
Lot Size 7,606 Sqft
Property Sub-Type Industrial
Property Description
GREAT CORNER UNIT WAREHOUSE WITH A 20+ YEAR TENENT IN PLACE, THREE MORE YEARS ON LEASE WITH OPTION AND WILLING TO RENEW IT. GREAT RENTAL INCOME PRODUCING PROPERTY WITH A GROSS LEASE OF
$58,800 YEARLY INCOME AND A TOTAL OF $12,357 OPERATING EXPENSE.
NET ANNUAL INCOME OF $46,443
PROPERTY HAS 40 YEAR CERTIFICATION GOOD FOR THE NEXT 10 YEARS
REPAIRS COMPLETED WITHIN THE LAST FOUR YEARS
ALL BUT ONE OF THE OVERHEAD DOORS REPLACED
BATHROOMS PLUMBING UPDATED AND EMERGENCY LIGHTS ADDED
Location
State FL
County Miami-dade County
Area 21
Interior
Flooring Concrete
Exterior
Roof Type Built-Up
Total Parking Spaces 14
Private Pool Yes
Building
Story 1
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 04-21-32-013-0740
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with MAR NON MLS MEMBER