Residential, 1900 W 54th St 220, WESTLAND EDEN CONDO II, Hialeah - Powered by DMT

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1900 W 54th St 220

WESTLAND EDEN CONDO II, Hialeah

$260,000 / $258PSF
 |  2 Beds  |  2 Baths   | 1,006SF

Description

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 (New roof in progress), 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. 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. ...
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Listing courtesy of Compass Florida, LLC.

Property Details

Residential

Features & More

Resident Highlights
Washer
Microwave
Refrigerator
Cooling: Electric
Heating: Electric
Walk In Closets
Pool
View: Other
Building Amenities
Parking
Secured Garage Parking
Smoke Detectors
Terms of Living
Pets allowed in the unit
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