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1610 Salzedo St, Coral Gables FL 33134

Coral Gables, FL 33134

$3,720,000

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Price
$3,720,000
Building size
5,729
Property type
Income/MultiFamily
Year built
1926
Lot size (sq ft)
5,526
MLS number
A12011195

This listing is courtesy of Fausto Commercial Realty Consultants Inc, 786-862-8247.

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About this property

TWELVE UNIT CORAL GABLES MULTIFAMILY BUILDING Building in beautiful condition, with common areas and outdoor garden spaces tastefully appointed by a landscape and interior designer. All units are large, highly attractive and sought after Deco Studios. The buildings are professionally managed, with no deferred maintenance and all vetted high-quality tenants, to assure you of a smoothly operating long-term investment. Current rent roll generates $262k gross per year; to yield a true NOI of $170,000. Location is in one of Coral Gables’ nicest residential neighborhoods, with beautiful architecture, lush treescapes, and wonderful walkability, assuring you a long trajectory of sustained rent and value growth.

Details

Property type
Income/MultiFamily
Year built
1926
Lot size (sq ft)
5,526

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC

1610 Salzedo St, Coral Gables FL 33134 | Newmar Brokerage, LLC