Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

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.

Features
: Other
: Wall/window Unit(s)
: Open Balcony
: Open Balcony
: Other, Wood
: Less Than 1/4 Acre Lot
: Other
: Public Sewer
Address Details
FL
Miami-Dade County
Coral Gables
33134
226 Sidonia Ave
C GAB DOUGLAS SEC
0
Other
: Detached
: Cbs Construction
1
: All Cash, Conventional
4
: Gardener, Sewer, Water, Hot Water
1
2
: Quadruplex, Fourplex
$13,497
2021
: Municipal Water
5001

Residential Income For Sale

C GAB DOUGLAS SEC

226 Sidonia Ave, Coral Gables, Florida 33134

3,321 Sqft
$2,000,000
Listing ID #A11264685
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A11264685
Price : $2,000,000
Square Footage : 3,321 Sqft
Year Built : 1933
Building Area : 3,321 Sqft
Status : Active
Property SubType : Quadruplex
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