6716 NW 6th Avenue, Miami, FL 33150

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List Price
$525,000
Status
ACTIVE
Days on Market
1
MLS#
A12096811
Subtype
Residential Income
Foreclosure
Yes
Year Built
1925
Living Area
1,499
Subdivision
7th Avenue Highlands
MLS Area Major
2310

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

Exterior Features
Balcony, Outdoor Living Area
Taxes
$6,982
Zoning
5700
Flooring
Tile
Heating
Wall Furnace
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block
Stories
2
Roof
Flat, Shingle
Elementary School
Holmes
Middle School
Jose De Diego
High School
Miami Northwestern

Listing courtesy of Realty One Group Evolution. Contact:

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Agent: Gerry Machado | Email: gerry040795@gmail.com