1761

1761 Ali Baba Ave, 1 6 Opa Locka, FL

$1,300,000

Price

$107,886

NOI

3,980 sqft

Building Size

Gallery
Street
Map
Overview
NOI
$107,886
Building Size
3,980 sqft
Units
6
Year Built
1959
Floors
2
Parking Spots
6
Description

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.

Highlights
  • Gross Income: 129000
  • Number Of Buildings: 1
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall/Window Units
  • Flooring: Vinyl
  • Construction Materials: CBS Construction
  • Parking Features: Other, On Street
  • Security Features: Security Fence
  • Insurance Expense: 2772
  • Buyer Agency Compensation: 2%
Location
Gallery