1761 Ali Baba Ave

Opa-locka,FL 33054

$ 1300000

- Bed

0 Bath

3980 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,980 sqft

Price per Sqft $326

Subdivision Magnolia

MLS Listing ID A11533493

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1959

Annual Tax Amount $13,963

Tax Year 2023

Contingent 3rd Party Approval

Property Description

Attention investors! 6 unit multifamily property with 100% occupancy on annual leases consisting of 2 bedrooms with 1 bathroom each. This income producing property has an estimated gross annualized rent (GAR) of $130,500 yielding an approximate 8.33% CAP rate. Each unit has their separate water & electricity meter and the building was re-roofed in late 2021.

Location

State FL

County Miami-dade

Community Magnolia

Area 21

Direction Take Curtiss St and Langley Rd to NW 37th Ave/Officer Simmons Arrington Ave. Take NW 151st St to Ali Baba Ave. Turn left onto Ali Baba Ave. Destination will be on the left.

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate,Vinyl

Window Features Blinds

Exterior

Pool None

Utilities Available Cable Available

Roof Type Flat,Tar/Gravel

Total Parking Spaces 4

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 08-21-22-003-1890

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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