1761 Ali Baba Ave ,Attached, Quadruplex, Magnolia for Sale

1761 Ali Baba Ave for Sale

Price $1,250,000.00

  • Lot size 3980
  • Year Build 1959
  • Waterfront
  • Zip 33054
  • Style Attached
  • Parking Description
  • Pool Yes
  • Status Active
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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 $123,000 yielding an approximate 8.06% CAP rate. Each unit has their separate water & electricity meter. The property has been updated, freshly painted and more.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11265485 Tenant occupied. Drive by the location and if your client is interested, please forward us a LOI so that a showing may be scheduled. 72 hrs notice required. Tenants pay for their own utility. Estimated GAR of $123,000 yielding approx. a 8.06% CAP rate. See attached for additional information. Submit all offers to laura@lauraisyourrealtor.com & assistant@lauraisyourrealtor.com along with proof of funds.

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

Less Than 1/4 Acre Lot

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 $123,000 yielding an approximate 8.06% CAP rate. Each unit has their separate water & electricity meter. The property has been updated, freshly painted and more.

City:Opa-Locka,Roof:1:Tar & Gravel Roof,Zoning:RE,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2022,Latitude:25.9118915,Cooling Y N:1,Heating Y N:1,List Price:1250000,Listing Id:A11265485,Longitude:-80.2305847,Mls Status:Active,Year Built:1959,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.,Living Area:3980,Postal Code:33054,Street Name:Ali Baba Ave,Coordinates:1:25.9118915,Photos Count:9,Building Name:Magnolia,Days On Market:112,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Magnolia,On Market Date:2022-08-30,Parcel Number:08-21-22-003-1890,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Trash Collection,Stories Total:2,Street Number:1761,M I A M I R E_ Style:Fourplex,Public Remarks: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 $123,000 yielding an approximate 8.06% CAP rate. Each unit has their separate water & electricity meter. The property has been updated, freshly painted and more.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2023-03-31,List Office Name:Green Lands Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:2837,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:Magnolia,Tax Annual Amount:11414,Total Actual Rent:123000,Unparsed Address:1761 Ali Baba Ave, Opa-Locka FL 33054,Listing Agreement:Exclusive Right To Sell,Operating Expense:22278,Year Built Details:Resale,Building Area Units:Square Feet,Lot Size Dimensions:50x96,M I A M I R E_ L P Amt Sq Ft:314.0704,Original List Price:1450000,Previous List Price:1450000,Public Survey Range:5241,Documents Available:1:Deposit - Last Months Rent,2:Deposit - Security,3:Copy Of Lease(S),4:Rent Rolls,5:Service Contracts,I D X Participation Y N:1,Net Operating Income:100721,Number Of Units Total:6,Syndication Remarks: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 $123,000 yielding an approximate 8.06% CAP rate. Each unit has their separate water & electricity meter. The property has been updated, freshly painted and more.,Listing Contract Date:2022-08-30,Originating System I D:miamire,Public Survey Section:22,Showing Instructions:Appointment Only,See Broker Remarks,Showing Assist,Street Number Numeric:1761,Tax Legal Description: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,Public Survey Township:5241,Originating System Name:Miami Association of REALTORS?,Contract Status Change Date:2022-08-30,Internet Address Display Y N:1,Number Of Units In Community:2,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:314.07,Internet Automated Valuation Display Y N:1,

  • Price $1,250,000.00
  • Price Change: 2022-11-04
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1959
  • Waterfront
  • View
  • Pool Yes
  • Style Attached
  • Construction CBS Construction
  • Parking Description
  • Flooring Type Vinyl
  • Property Type Residential Income
  • Status Active
  • Listed 2022-11-04
  • Days on Market 154
  • Furnished
  • City Opa-Locka
  • Zip 33054
  • State Florida
  • Subdivision
  • Development Name Magnolia
  • HOA Fees
  • Taxes 11414
  • Taxes Year 2022