1610 Salzedo St

Highlights:

• Construction Materials: Concrete Block Construction

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.

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Listing ID: A12011195