About This Property

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.

Key Features

• 5,526 sq ft Lot
• Built in 1926

Property Details

• Type: Single Family Home
• Year Built: 1926
• Lot Size: 5,526 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 5,526 sq ft Lot
• Feature: Built in 1926
• Status: Active
• MLS Number: 1159078817
• Days on Market: 166
• Listed By: Fausto Commercial Realty Consultants Inc · Vicente Javier Rodriguez
• Zip Code: 33134