1761 Ali Baba Ave # 6, Opa-Locka FL 33054,Opa-Locka,Miami-Dade County,Commercial Sale

$1,300,000

Commercial Sale Active

1761 Ali Baba Ave # 6, Opa-Locka FL 33054

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Commercial Sale Active

1761 Ali Baba Ave # 6, Opa-Locka FL 33054,Opa-Locka,Miami-Dade County,Commercial Sale

1761 Ali Baba Ave # 6, Opa-Locka FL 33054

$1,300,000

Overview

Property ID: A11533518

Income/MultiFamily
Property Type

1959
Year Built

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 $128,100 yielding an approximate 8.30% CAP rate. Each unit has their separate water & electricity meter.

Address

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Address Ali Baba Ave
City Opa-Locka
State/county Miami-Dade County
Zip/Postal Code 33054

Details

Updated on March 18, 2024 at 2:34 am

Property ID: A11533518
Price: $1,300,000
Year Built: 1959
Property Type: Income/MultiFamily
Property Status: Commercial Sale

Additional details

PublicSurveyRange: 5241
InsuranceExpense: 2772
TaxLegalDescription: 22 52 41 MAGNOLIA SUB PB 40-80 LOTS 13 & 14 BLK 11 LOT SIZE 50.000 X 96 OR 20583-2563 0802 1 COC 22842-2788 11 2004 1
Flooring: Vinyl
PhotosCount: 10
Cooling: Wall/Window Unit(s)
SecurityFeatures: Security Fence
BuildingName: 1761
PriceChangeTimestamp: 2024-02-14T20:01:28.297Z
TaxAnnualAmount: 13963
CurrentUse: Income Non-Waterfront
BusinessType: Commercial/Residential Income,Residential-Multi-Family
RoadFrontageType: County Road
StreetNumber: 1761
StateOrProvince: FL
Directions: 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.
Roof: Tar & Gravel Roof
ParkingTotal: 6
Stories: 2
GrossIncome: 128100
ParcelNumber: 08-21-22-003-1890
OtherExpense: 720
Possession: Funding
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
WaterSource: Public
LotSizeDimensions: 50x96
StoriesTotal: 2
UnitNumber: 1-6
NetOperatingIncome: 107926
StreetNumberNumeric: 1761
ParkingFeatures: Other,On Street
PostalCodePlus4: 2837
NumberOfUnitsInCommunity: 6
Sewer: Public Sanitation
SyndicationRemarks: 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 $128,100 yielding an approximate 8.30% CAP rate. Each unit has their separate water & electricity meter.
Heating: Wall/Window Units
StructureType: Commercial
NumberOfBuildings: 1
BuildingAreaUnits: Square Feet
LotSizeSquareFeet: 4800
InternetConsumerCommentYN: 1