$3,720,000
Salzedo St

1610 Salzedo St, Coral Gables FL 33134

Beds

Baths

SQFT 5,526

Garage

100 Years Built

Home Details

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.

Other Interior Features

Heating
Appliances
Living Area - SqFt
Inside
Total - SqFt
5526

General

MLS#
A12011195
Architectural Style
Bathroom Features
Living Area - SqFt
Construction Materials
Concrete Block Construction
Window Features
Total - SqFt
5526

Neighbourhood

Location

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.

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