1610 Salzedo Street, Coral Gables, FL 33134

Coral Gables, FL, 33134

$3,720,000

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About this home

TWELVE UNIT CORAL GABLESMULTIFAMILY BUILDINGBuilding in beautiful condition, withcommon areas and outdoor gardenspaces tastefully appointed by alandscape and interior designer. Allunits are large, highly attractive andsought after Deco Studios. The buildingsare professionally managed, with nodeferred maintenance and all vettedhigh-quality tenants, to assure you of asmoothly operating long-terminvestment. Current rent roll generates$262k gross per year; to yield a true NOIof $170,000. Location is in one of CoralGables’ nicest residentialneighborhoods, with beautifularchitecture, lush treescapes, andwonderful walkability, assuring you along trajectory of sustained rent andvalue growth.

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