Two Multi-Family Properties Just Reduced in Coral Gables 

3010 Segovia St., Coral Gables, FL (Multi-Family)

3010 segovia front resized

Price Reduction!

Great investment opportunity. Coral Gables 2 Story duplex with additional detached cottage, making three units total. Each unit in the duplex has 2 spacious bedrooms and 1 bathroom. The entire building has been renovated and includes wood floors, stone fireplaces, bay windows, washer/dryer hookup and private parking. Segovia is across from the Youth Center and Coral Gables Library. Centrally located and within walking distance to Miracle Mile and Downtown Coral Gables. Purchase as income producing or for future development.

 

Lot Size: 8,225
Total Sq.Ft.: 2,214

Reduced to $949,000

Total Annual Income $60,900
Total Annual Expenses $15,156
Annual Net Income $45,744
Cap Rate 4.82%

*Below Market Rent

Lease Terms:

Ground Floor Unit: Month to Month
Second Floor Unit: Lease ends 07/22/2016
Back Cottage Unit: Lease ends 04/30/2016

3010 segovia living

3010 segovia fire

3010 segovia bed 2

3010 segovia kitchen

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1314 Salzedo Street, Coral Gables, FL (Multi-Family)

 

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Price Reduction!

Recently remodeled,1926 Old Spanish two story Coral Gables, multi-family building for sale, located minutes from Miracle Mile and walking distance from downtown Coral Gables shopping and dining. Great rental income investment opportunity. This property is two stories with four attached units and one detached single unit cottage. Each unit has one large bedroom, a full bathroom, and a den. This building is equipped with elegant high ceilings and beautiful wood floors throughout the entire building. Units are in great condition.
Lot Size: 5,500 Sq.Ft | Total Sq.Ft: 3,508
Reduced to $998,000

Total Annual Income $78,000
Total Annual Expenses $16,861
Annual Net Income $61,139
Cap Rate 6.13%

*Below Market Rent

 

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washerliving room411 SW 37th ave 012