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$ 3,720,000
Est. payment | /mo
5,729 SqFt
$ 3,720,000
Est. payment | /mo
5,729 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,729 sqft
Price per Sqft $649
MLS Listing ID A12011195
HOA Y/N No
Year Built 1926
Lot Size 5,526 Sqft
Property Sub-Type Multi Family
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.
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.
Location
State FL
County Miami-dade
Area 41
Zoning 3801
Exterior
Private Pool Yes
Building
Structure Type Block
Others
Tax ID 03-41-08-009-3550
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12011195
Listed by Fausto Commercial Realty Consultants Inc
NEARBY SCHOOL & BUSINESS
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