6716 Nw 6th Ave, Miami, FL 33150

$525,000
1,499
SqFt

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List Price
$525,000
MLS
A12096811
Complex Name
7th Avenue Highlands
Status
ACTIVE
Type
Multifamily
Living Area
1,499

Property Description

INVESTMENT OPPORTUNITY with income already in place! This two-story property is legally classified as a single-family home and is currently configured as two separate living units, offering excellent potential for an investor looking to add value. The downstairs unit is currently tenant-occupied through December 31 at $1,850/month, with the tenant expressing interest in potentially renewing. The upstairs unit has been remodeled and features 2 bedrooms, 1 bathroom, and an included washer and dryer. It is currently vacant and being marketed for rent, with an estimated rental potential of approximately $2,100/month. Both units have new mini-split systems, and the property has a new roof awaiting final inspection. Additional features include a metal perimeter gate and convenient access just minutes from I-95. Property is being sold AS-IS. Seller is motivated. Excellent opportunity for a first-time investor, experienced investor, or buyer looking for a property with existing rental income and future renovation or redevelopment potential. Buyer is encouraged to independently verify zoning, permitted use, rental potential, property configuration, and any possibilities for future zoning changes or increased density.

Additional Information

Days on Market
1
Style
Duplex
Exterior Features
Balcony
#Parking Spaces
6
Year Built
1925
Development Name
7th Avenue Highlands
#Stories
2
Construction Type
CBS Construction
Section
13

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Calculator source: Real Geeks

Listing Courtesy of Realty One Group Evolution, Contact: