Multifamily in Opa-Locka, FL 33054
435 Ali Baba Ave

Overview Features True Comps Price History Payment Location Similar Homes

Closed

$1,500,000

Estimate Payment

6,720

SqFt

Status

Sold - Jan 20, 2022

Size

6,720 SqFt (624 m²)

Price

$223/SqFt ($2,403/m²)

Type

Multifamily

Built

1969

MLS Number

A11028588

On Site

1978 Days

Updated

18 Days ago

Page Views

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.

Features

Bedrooms

Bathrooms

Exterior and Lot Features

Exterior Features: Fence,Porch

Interior, Heating and Cooling

Heating Description: WallFurnace
Cooling Description: WallWindowUnits

Building and Construction

Floor Description: Terrazzo,Tile
Windows/Treatment: CasementWindows
Year Built: 1969
Year Built Description: Resale
Style: Fourplex

Waterfront and Water Access

Waterfront Frontage: No info

School Information

Other Property Info

Listing Date: 2021-04-15T21:40:55.000-00:00

Taxes, Fees & More

Taxes: 4875

Apples-to-Apples Comparables

Closest-Match Comparables

See closest-match comps for this subdivision

Unlock Access

No obligation

Best of Luxury Realty

Talk to a local advisor

Licensed advisors answering your questions across Opa-Locka, FL

Price History

Date

Event

Price

Change

Price Per

09/08/2021

Listed

$1.5M

$223 ft²

$2,403 m²

09/08/2021

$1.5M

Event

Listed

Price Per

$223 ft²

$2,403 m²

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Mateo Usuga • Future Option Realty LLC • Buyer Agency Compensation .

Listing Location & Street View
MapStreet View

Peer Listings

Active listings from matched communities

Results 0 of 0

No listings found

Try adjusting your filters or changing your location to see available listings

Turn on listing alerts and we'll notify you
when matching listings appear

Multifamily in Opa-Locka, FL 33054435 Ali Baba Ave