438 Malaga Ave, Coral Gables FL 33134

Description

LOCATION! LOCATION LOCATION! This fantastic fourplex is just 2 blocks away from the Coral Gables Youth Center! The property's 40 year re-certification has been completed and all of the units have central AC. In addition, the property was already tented for termites one year ago and still has a termite warranty in place. All 4 units are large and 3 of the 4 units have had the flooring upgraded. Most of the kitchens are newer and feature stainless steel appliances. The land this building sits on has special zoning that allows for townhouses or lofts to be built as shown on an available zoning analysis. The projected yearly gross rental income is $76,440.