C Gab Douglas Sec Properties

Reduced For A Quick Sale...vacant Land In The Heart Of Coral Gables For Multi Family Development. Located At North Side Of Menores Av (211 Menores) 55 Feet Of Frontage On Menores And 100 Feet On The Eastern Alley Way. Zoned Coral Gables Mf 2. Suited For Four (4) To Six(6) Units Based On Far Formula.

Amazing Investment Opportunity In The Heart Of The Gables. Four 1/1 Units With Additional Den In Each In Unique 2 Story Building. All 4 Units Updated And Rented To Professionals At Average Of $1500. $60k In Net Income, $10k In Total Expenses. 5% Cap Rate Best In The Gables. Washer/dryer Room. Property Recently Passed 40 Year Inspection Which Required Owner To Invest $150k In Improvements.