Basic Information

  • MLS # A11772033
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Magnolia Sub
  • Year Built 1944
  • Total Sqft 2,815
  • Date Listed 03/28/2025
  • Days on Market 41
Description

Great value add investment opportunity! Units are currently rented under market value. Three units are 2 bed/1 bath, one unit is 1 bed/1 bath and the single family is 3 bed/1 bath. Both must be sold together as they share the lot/parking. Great potential to increase the rent for a significantly higher monthly income. All tenants are month to month. This is a part of a portfolio of 17 total units for sale that includes three multi-families and two single families. Total price for portfolio is: $2,950,000. Seller is open to selling them all together or separately.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Roof Description Other
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 2,815Sq.Ft
  • Cooling Description Wall Window Units
  • Floor Description Tile
  • Heating Description Wall Furnace
  • Sqft 2,815 Sq.Ft

Property Features

  • Address 1940 Ali Baba Ave
  • Aprox. Lot Size 2,815
  • Architectural Style Fourplex
  • City Opa- Locka
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info no
  • Levels One
  • Listing Terms Cash, Conventional
  • Lot Features Less Than Quarter Acre
  • Occupant Type Tenant
  • Pool Features None
  • Possession Closing And Funding
  • Postal City Opa-Locka
  • Public Survey Section One
  • Public Survey Township 8
  • Roof Other
  • Sewer Description Public Sewer
  • Stories 1
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Magnolia Sub
  • Tax Amount $12,352
  • Tax Legal desc M A G N O L I A S U B P B40-80 L O T7 B L K13 L O T S I Z E25.000 X125 C O C22340-396522525-034105041 C O C25224-11021220061
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex
  • Year Built Details Resale

1940 Ali Baba Ave

Opa-Locka, FL 33054

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Capital Realty. tel: 305-662-7325

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