Brickell Listings

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Property Description

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.

Residential Income For Sale at 435 Opa-Locka

435 Ali Baba Ave, Opa-Locka, Florida 33054

  • Square Footage: 6,720 Sqft
$1,599,000
Listing ID#A11028588
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Basic Details
Building Name : ALI BABA VILLA,435-475 ALI BABA AVE
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A11028588
Price : $1,599,000
Original Price : $1,802,000
Half Bathrooms : 0
Square Footage : 6,720 Sqft
Year Built : 1969
Property Sub Type : Quadruplex
DOM : 152
Tax : $4,875
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Agent info
Brickellmania LLC
3011 SW 24 ST. Miami Fl 33145
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