Residential Income
6326 4th Ave
Miami, FL 33150
General Information
Location Information
Additional Features
Financial Information
Remarks
Great opportunity to acquire a cash-flowing multifamily property in the emerging Little River neighborhood of Miami. This legal triplex is currently operating as a non-conforming fourplex, with three units rented and one vacant, offering immediate income with additional upside. Property Breakdown: Unit 1: 2 Bed / 1 Bath – Rented for $1,500/month Unit 2: 1 Bed / 1 Bath – Rented for $1,200/month Unit 3: 1 Bed / 1 Bath – Rented for $1,000/month Unit 4: 2 Bed / 1 Bath – Currently vacant, needs light work Total Current Annual Gross Rent: $44,400 with potential to increase upon leasing the vacant unit to $62,400. Lot Size: ±5,720 SF Located just minutes from Wynwood, Little Haiti, Design District, and Midtown, this centrally located property provides stable income and long-term value in one of Miami’s fastest-growing submarkets. Ideal for investors seeking cash flow with light value-add potential. Buyer to verify zoning and rental compliance.
Listing Agent
Michael McCourt
Global Investments Realty
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020