Magnolia Sub Multifamily For Sale
2070 Ali Baba Ave, Opa-Locka, FL 33054

$1,440,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11719297
  • Virtual Tour: YES
  • List Price: $1,440,000
  • Taxes:$23,808
  • Listing Date:January 7, 2025
  • Days On Market:64

Description


Incredible Investment Opportunity – Thriving Opa-Locka Neighborhood This Multifamily property offers a prime opportunity in the rapidly growing Opa-Locka area, benefiting from significant demographic improvements driven by migration from Hialeah and surrounding neighborhoods. - Unit Mix: - 6 units: 2-bedroom, 1-bath - 2 units: 1-bedroom, 1-bath - Additional Features: - On-site laundry room - Renovated and well-maintained units - Recent sales in the area have reached $180K per door - Positioned at an attractive 9% Proforma Cap Rate This property combines strong rental income potential with the promise of continued appreciation in a thriving market.

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker