326 NE 6th St - Apartments FOR SALE


Hallandale Beach, FL 33009
$1,250,000 USD
954-743-7594
326 NE 6th St, Hallandale Beach, FL for Sale
$1,250,000 USD
Apartments - FOR SALE
1/18
null | 7.04% Cap Rate

326 NE 6th St
Hallandale Beach, FL 33009


HIGHLIGHTS

  • Unit Mix of Four 1 Bed/Bath Units and Two Studio Units
  • Renovated Interiors, Impact Windows/Doors, Individual Electric Meters, Two Water Meters, Coin Laundry Room
  • Minutes away from Gulfstream Park, Aventura Mall, New Hallandale Shopping Centers & Beaches
  • Potential revenue of $117,000 in Annual Gross Rental Income when raising to market rents
  • Plenty of Parking (more than 7 Spaces)
  • Central RAC Zoning Allowing for redevelopment of 50 Units per Acre

OVERVIEW

We are pleased to present 322 & 326 NE 6th St, a prime 6-unit property in the heart of Hallandale Beach right off of US-1. Consisting of six well-maintained units, four of which are 1 bed/1 bath units, and two are studio units.. Equipped with separate electric meters, impact windows, and the added convenience of coin laundry for extra income. Minutes away from Gulfstream Park, Aventura Mall, the New Hallandale Shopping Center, and pristine beaches, this property offers both convenience and lifestyle. The property holds the potential for an income exceeding $117,000 when rents are adjusted to market rates. More than 8 parking spaces, ensuring convenience for residents. Central RAC zoning.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$440 USD /SF

# OF UNITS

6

PRICE/UNIT

$208,333

CAP RATE

7.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

322 & 326 NE 6th St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,574 SF

ZONING

CENTRAL RAC

APN/PARCEL ID

51-42-22-35-0200,51-42-22-35-0210

ASK ABOUT THIS PROPERTY

Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

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Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.