1940 ALI BABA AVE #5, Opa-Locka
$800,000 USD
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| Address | 1940 ALI BABA AVE #5, Opa-Locka |
| Building Name | MAGNOLIA SUB |
| Type of Property | Quadruplex |
| Property Style | Quadruplex |
| Price | $800,000 |
| Previous Price | $850,000 (32 days ago) |
| Property Status | Active |
| MLS Number | A11772033 |
| Living Area | 2815 |
| Year Built | 1944 |
| Parking Space Number | 5 |
| Folio Number | 08-21-22-003-2270 |
| Zoning Information | 6800 |
| Days on Market | 368 |
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
| State | Florida |
| City | Opa-Locka |
| County | Miami-Dade County |
| Zip Code | 33054 |
| Address | 1940 ALI BABA AVE |
| Section | 22 |
| Zip Code (4 Digits) | 2887 |
Financial Information
| Price | $800,000 |
| Price per Foot | $0 |
| Previous Price | $850,000 |
| Folio Number | 08-21-22-003-2270 |
| Tax Amount | $12,352 |
| Tax Year | 2024 |
| Possession Information | Funding |
Full Descriptions
| 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. |
| Roof Description | Other |
| Floor Description | Tile |
| Cooling Description | Wall / Window Unit (s) |
| Heating Description | Window / Wall |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 2815 |
| Zoning Information | 6800 |
| Year Built | 1944 |
| Type of Property | Quadruplex |
| Style | Quadruplex |
| Building Name | MAGNOLIA SUB |
| Development Name | MAGNOLIA SUB |
| Construction Type | CBS Construction |
| Stories Number | 1.000 |
| Parking Space Number | 5 |
| Listed with | Keller Williams Capital Realty |