Interior
- Bathrooms
- 0
- Living area
- 1,200 sq ft
Active · Duplex
$561,000
2005 Ali Baba Ave, Opa Locka, FL 33054
- Beds
- —
- Baths
- 0
- Living area
- 1,200 sq ft
- $ / sq ft
- $468/sq ft
- Year built
- 1959
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
This updated duplex presents an excellent investment opportunity, featuring two 2-bedroom, 1-bath units that are completely renovated for minimal maintenance. Each unit has its own separate electrical and water meter, allowing tenants to cover their utilities, which enhances your profitability. With both units currently rented, this property offers immediate cash flow, making it a smart addition to any investor's portfolio.
Property location
Get Directions2005 Ali Baba Ave, Opa Locka, FL 33054
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Facts & features
Exterior & Structure
- Property type
- Duplex
- Year built
- 1959
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $0
- County
- Miami-Dade
- MLS listing ID
- A11992876
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$542
- Cap rate
- 4.5%
- Net yield
- 4.5%
- Cash-on-cash return
- -4.1%
- Gross yield
- 7.9%
- Mortgage payment
- $2,659/mo
- Down payment
- $140,250
- Loan amount
- $420,750
- Annual NOI
- $25,406
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.