This property has a current license for 6 ALF beds, with an average market bed rate going for $2,200 / month with an additional efficiency that can be easily rented out for additional income. Centrally located in West Hialeah. The facility currently serves 6

134 WEST 59TH ST, Hialeah

$450,000 USD
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Address134 WEST 59TH ST, Hialeah
Type of PropertyFree Standing, Other Building Type
Business LocationCity Location
Property StyleMedical, Professional Service
Price$450,000
Property StatusActive
MLS NumberA10864163
Property Size2144
Lot Size2144
Year Built1954
Parking Space Number4
Folio Number04-21-31-034-0310
Zoning Information0100
Days on Market156

Detailed Description: This property has a current license for 6 ALF beds, with an average market bed rate going for $2,200 / month with an additional efficiency that can be easily rented out for additional income. Centrally located in West Hialeah. The facility currently serves 6 stable long-term residents. Highest and best use: ALF (Assisted Living Facility), Adult Family Care Homes, Group Home Facilities, or Residential Rehabilitation Center. Huge potential to increase rental income and generate $13,200 + / month. Brand new generator less than 2 years old. Amazing opportunity to serve the community while earning a huge cap rate and return. Occupancy Rate almost 100%. = SOLD AS IS.

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Address Information
StateFlorida
CityHialeah
CountyMiami-Dade County
Zip Code33012
Address134 WEST 59TH ST
Business LocationCity Location
Section31
Zip Code (4 Digits)2624
Financial Information
Price$450,000
Price per Foot$210
Folio Number04-21-31-034-0310
Tax Amount$4,515
Tax Year2019
Full Descriptions
Detailed DescriptionThis property has a current license for 6 ALF beds, with an average market bed rate going for $2,200 / month with an additional efficiency that can be easily rented out for additional income. Centrally located in West Hialeah. The facility currently serves 6 stable long-term residents. Highest and best use: ALF (Assisted Living Facility), Adult Family Care Homes, Group Home Facilities, or Residential Rehabilitation Center. Huge potential to increase rental income and generate $13,200 + / month. Brand new generator less than 2 years old. Amazing opportunity to serve the community while earning a huge cap rate and return. Occupancy Rate almost 100%. = SOLD AS IS.
How to ReachUse Google Maps
Roof DescriptionOther
Floor DescriptionCeramic Floor, Tile
Cooling DescriptionCentral Building A / C
Heating DescriptionCentral Electric, Central Building A / C
Water DescriptionOther
Sewer DescriptionOther
Parking DescriptionCommon
Property parameters
Living Area2144
Lot Size2144
Zoning Information0100
Year Built1954
Type of PropertyFree Standing, Other Building Type
StyleMedical, Professional Service
Construction TypeCBS Construction
Street DirectionWest
Parking Space Number4
Listed withMiami Waterfront Realty