Courtesy of: Mederos And Associates Real Estate Inc
Days On Market: 71
Year Build: 1933
Square Footage: 3,321 Sq ft
Address: 226 Sidonia Ave
County: Miami-dade County
City: Coral Gables
Neighborhood: C Gab Douglas Sec
Mint condition 4-plex in the heart of the downtown Coral Gables urban core. All 4 units feature 1 bedroom + a den which is used as a 2nd bedroom. All the units feature completely remodeled kitchens & bathrooms w/rare washer & dryers inside unit. The electrical system has been updated throughout the entire building & the plumbing in the crawl space is all PVC. The building has its 40 Year Re-certification, was recently painted and the roof is newer. All of the units are leased. One tenant is moving out by Sept. 30th & the owner will lease that unit for $2500. The other units are leased at $2,200, $2,300 & $2,300. Based on the seller's operating expenses, the NOI is $76,190 yearly. Huge potential to increase rents when leases expire. Take advantage of the huge rental market in Coral Gables.
Courtesy of: Mederos And Associates Real Estate Inc MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 8th December, 2022 11:04 PM (UTC)
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