Great value add investment opportunity! Units are currently rented under market value. Three units are 2 bed / 1 bath, one unit is 1 bed / 1 bath and the single family is 3 bed / 1 bath. Both must be sold together as they share the lot / parking. Great poten

1940 ALI BABA AVE, Opa-Locka

$800,000 USD
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Address1940 ALI BABA AVE, Opa-Locka
Type of PropertyIncome / MultiFamily
Type of BusinessResidential-Multi-Family, Residential-Single Family
Price$800,000
Previous Price$850,000 (9 days ago)
Property StatusActive
MLS NumberA11763733
Property Size9375
Lot Size9375
Year Built1944
Folio Number08-21-22-003-2270
Zoning Information6800
Days on Market209

Detailed Description: Great value add investment opportunity! Units are currently rented under market value. Three units are 2 bed / 1 bath, one unit is 1 bed / 1 bath and the single family is 3 bed / 1 bath. Both must be sold together as they share the lot / parking. Great potential to increase the rent for a significantly higher monthly income. All tenants are month to month. This is a part of a portfolio of 11 total units for sale that includes two multi-families and one single family. Seller is open to selling them together or separately.

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Address Information
StateFlorida
CityOpa-Locka
CountyMiami-Dade County
Zip Code33054
Address1940 ALI BABA AVE
Section22
Zip Code (4 Digits)2887
Financial Information
Price$800,000
Price per Foot$0
Previous Price$850,000
Folio Number08-21-22-003-2270
Tax Amount$12,352
Tax Year2024
Full Descriptions
Detailed DescriptionGreat value add investment opportunity! Units are currently rented under market value. Three units are 2 bed / 1 bath, one unit is 1 bed / 1 bath and the single family is 3 bed / 1 bath. Both must be sold together as they share the lot / parking. Great potential to increase the rent for a significantly higher monthly income. All tenants are month to month. This is a part of a portfolio of 11 total units for sale that includes two multi-families and one single family. Seller is open to selling them together or separately.
Property parameters
Living Area9375
Lot Size9375
Total Acreage0.000
Zoning Information6800
Maximum Leasable Size9375
Year Built1944
Type of PropertyIncome / MultiFamily
Type of BusinessResidential-Multi-Family, Residential-Single Family
Stories Number1
Listed withKeller Williams Capital Realty