661 E 7th St, Hialeah FL 33010
- $600,000
Description
Excellent investment opportunity in the heart of Hialeah! This versatile property offers strong income-producing potential with a flexible layout ideal for owner-occupants or investors. Tax roll reflects a 3BD/1BA, however the property is currently configured as a spacious 3BD/3BA. Main living area features an updated kitchen, dining area, oversized living room, and 1BD/1BA. Additional private-entry living spaces on each side of the home each offer 1BD/1BA setups currently generating rental income. One former bedroom was converted into expanded living/kitchen space and can easily be converted back, creating the potential for a 4BD/3BA layout. Property sits on a generous 7,500 SF lot with ample parking and excellent use potential. Existing violations are in the process of being resolved by seller, including an unpermitted detached 1BD/1BA structure. Buyer may have the option to legalize improvements subject to city approval, or seller can remove prior to closing. Roof permits appear in public records from 2016. Property also features a newer central A/C system installed in 2023 and updated water heater from 2024. Centrally located near major highways, shopping, schools, and Miami International Airport. Great opportunity in a high-demand rental market with strong upside potential. Buyer to verify all information, permits, square footage, and legal use independently.
Details
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Property ID A12017598
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Price $600,000
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Property Size 1402 sqft
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Bedrooms 4
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Bathrooms 3
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Year Built 1948
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Property Status Residential
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Property Type Single Family Residence
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Listing Courtesy Of The Source Real Estate
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