1610 Salzedo St, Coral Gables FL 33134

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.

Property Details

Property Type

Income/MultiFamily

Status

Active

MLS #

A12011195

Building Area

5,729 SF

Lot Size

5,526 SF

Year Built

1926

Zoning

3801

Days on Market

92

Price

$3,720,000