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Multifamily Residential
$1,700,000
85 W 28th St Hialeah, FL

A12058410

32 of 124 for Sale
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  • Listed On:

    Jul 30, 2026
  • Days on Market:

    19
  • Year:

    1971
  • Taxes:

    $13,921 per year
  • Floor Description:

    Terrazzo
  • Occupancy:

  • Zoning:

  • Parking:

    Assigned

85 W 28th St Hialeah, FL This well-maintained, 2-story building with 4,905 sq ft of living space sits on a 6,450 sq ft lot and was built in 1971. Key updates include a 1 year old roof, security cameras and impact windows. The property features a mix of four 1BD/1BA units and four 2BD/1BA units. It is 100% occupied on flexible month-to-month leases, offering an ideal opportunity for rent optimization in a market with consistent year-over-year growth. Annual Gross Income: $124,800 - Operating Expenses: $49,000 - Net Operating Income (NOI): $75,800 (4% cap rate at asking price) - Pro Forma Potential: Immediate 5-10% rent upside due to below-market rates and strong local demand. DO NOT DISTURB THE TENANTS.

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