Excellent Multi-Family Investment in Growing Opa Locka!
Discover an incredible investment opportunity at 3185 NW 132nd Ter, Opa Locka, FL 33054! This expansive multi-family property features 6 bedrooms and 3 bathrooms across a generous 2,225 sqft of living space, making it ideal for generating significant rental income. Built in 1970, this property offers a solid foundation in a vibrant South Florida community with strong rental demand.
Priced at $705,000, with an estimated refinance payment of just $3,984/month, this property presents a compelling value proposition for investors or large families seeking a versatile living arrangement. Multi-family homes in Opa-locka are currently selling for a median price in the range of $700,000 to over $1 million, making this property competitively priced for its size and number of units. The rental market in Opa-locka is generally strong, with average rents around $1,850 per month, and houses for rent in Opa-locka are more expensive, with an average monthly cost of $3,462. This property offers the potential for immediate cash flow and long-term appreciation in an area undergoing positive revitalization and development.
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