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

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for sale

$1,300,000

Year Built:	1959
Status:	Active
MLS #:	A11533493
Date Updated:	5/2/2024

For information contact:
Elisa Wagner
305.336.0086

Real Estate Broker Lic. #3072164

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Go See This Home

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 $129,000 yielding an approximate 8.30% CAP rate. Each unit has their separate water & electricity meter.

Interior Details
Floor Description: Laminate Floors, Vinyl Floors	Sq Ft Liv Area: 3980
Style: Fourplex	Num Stories: 2.0000

Exterior Details
Approximate Lot Size: 50x96	Lot Description: Less Than 1/4 Acre Lot
Roof Description: Flat Roof With Facade Front, Tar & Gravel Roof

Community Information
Area: 21	County Or Parish: Miami-Dade County
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.	Flood Zone: X
Subdivision Complex Bldg: Magnolia	Subdivision Name: Magnolia
Zoning Information: RE	Parcel Number MLX: 1890

Property Information From MLS Data
Construction Type: CBS Construction	Virtual Tour: Click here
Year Built: 1959	Property Type: Multi-Family Income

Financial Information
Auction YN: 0	REOYN: 0
Short Sale YN: 0

Utilities
Cable Available YN: 1	Cooling Description: Wall/Window Unit Cooling
Heating Description: Window/Wall	Water Description: Municipal Water
Sewer Description: Municipal Sewer

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Listing courtesy of Green Lands Realty

Information obtained from FLMAOR is current as of 5/3/2024 12:31 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Status Explained

Multiple Listing Services use a variety of statuses with their listings, and sometimes a combination of statuses. Below is a list of common terms you may see.

Status	Meaning
Active	Available for purchase
Active with Contract Backup Contingent Cont Continue to Show Pending Under Deposit Under Contract	Available but the listing has an offer on it and is being displayed to solicit backup offers. You may be able to make an offer but you will be competing with another buyer. Contact an agent to discuss making an offer.
Back On Market	Available. The listing was previously unavailable
Cancelled Closed Sold Expired Off Market Withdrawn	No longer available.
New	Available, recently listed
Price Raised Reduced Changed	Available and has recently had a price change
Short Short Sale	Available but requires a bank approval for any offer

Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.