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Magnolia Sub

$850,000

1940 Ali Baba Ave, Miami Gardens, FL 33054

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Last Updated: 04/06/2025

2,815 sqft

Building Size

3

Units

Details:
Building Size:    2,815 sqft
Units:    3
Year Built:    1944
Floors:    1
Parking Spots:    5
Gross Leaseable Area:    2,815
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Rent Rolls
  • Architectural Style: Detached
  • Cooling: Wall/Window Unit(s)
  • Heating: Window/Wall
  • Flooring: Tile
  • Construction Materials: CBS Construction
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.

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