1610 Salzedo St, Coral Gables, FL 33134

Property Description

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.