Basic Information
- MLS # A11028588
- Type Quadruplex
- Status Closed
- Subdivision/Complex ALI BABA VILLA
- Year Built 1969
- Total Sqft 6,720
- Date Listed 04/16/2021
- Days on Market 279
REDUCED!!!GREAT INVESTMENT TO OWN 3 BUILDINGS SIDE BY SIDE FOR STEADY RENTAL INCOME. CENTRALLY LOCATED IN FRONT OF OPA LOCKA TRI-RAIL STATION & WITHIN WALKING DISTANCE TO NEW AMAZON WAREHOUSE. SALE INCLUDES FOLIOS: 08-2121-014-0030; 08-2121-014-0040; 08-2121-014-0050. CURRENTLY OPERATING AS A TOTAL OF 12-1/1 UNITS, RECORDS HAVE BUILDING (435) AS 4 UNITS W/ 2/1 EACH, OTHER 2 BUILDINGS (465-475) HAVE 4 UNITS W/ 1/1'S EACH BUILDING. OCCUPANCY AT 100%. CURRENT CAP RATE AT 5.5%-6.5% W/ ROOM TO INCREASE AS RENTS AREN'T AT THEIR MAX RATE. WATER METER COULD BE SUBMETERED FOR TENANTS TO PAY THEIR WATER & INCREASE INCOME. 2 OF THE BUILDINGS HAVE NEW ROOFS INSTALLED 2 YEARS AGO. MUST UNITS HAVE REMODELED KITCHENS & TILE-TERRAZO FLOORS. OWNER PAYS FOR WATER/TRASH. PLEASE DO NOT DISTURB TENANTS.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Block
- Parking Description
- Exterior Features Fence, Porch
- Style Quadruplex
Interior Features
- Adjusted Sqft 6,720Sq.Ft
- Cooling Description Wall Window Units
- Floor Description Terrazzo, Tile
- Heating Description Wall Furnace
- Sqft 6,720 Sq.Ft
Property Features
- Address 435 Ali Baba Ave
- Aprox. Lot Size 6,720
- Construction Materials Block
- Furnished Info no
- Listing Terms Cash, Conventional
- HOA Fees $0
- Subdivision Complex
- Subdivision Info ALI BABA VILLA
- Tax Amount $4,875
- Tax Legal desc ALI BABA VILLA PB 86-41 LOT 3 BLK 1 LOT SIZE 6595 SQUARE FEET OR 20707-0182 0902 1 COC 23428-2258 05 2005 4
- Tax Year 2020
- Terms Considered Cash, Conventional
- Type of Property Quadruplex
435 Ali Baba Ave
Opa-Locka, FL 33054The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Future Option Realty LLC. tel: 786-486-6238
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