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.
Property Details
Price:
$1,300,000
MLS #:
A11533493
Status:
Active
Beds:
0
Baths:
0
Address:
1761 Ali Baba Ave
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
Magnolia
Neighborhood:
Magnolia
City:
Opa-Locka
Listed Date:
Feb 14, 2024
State:
FL
Finished Sq Ft:
3,980
ZIP:
33054
Year Built:
1959
Units:
6
See this Listing
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Vinyl
Heating
Window/ Wall
Exterior
Architectural Style
Attached
Construction Materials
C B S Construction
Parking Spots
4
Roof
Flat Roof With Facade Front, Tar & Gravel Roof
Financial
Tax Year
2023
Taxes
$13,963
Map
Community
- Address1761 Ali Baba Ave Opa-Locka FL
- SubdivisionMagnolia
- CityOpa-Locka
- CountyMiami-Dade County
- Zip Code33054
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1761 Ali Baba Ave
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