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1018 Georgia Street, Key West, FL 33040

$999,999
  • 1018 Georgia Street, Key West, FL 33040 Main Photo

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Active
BEDS0 BATHS SQUARE FEET3,042 MLS#R11168914
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCasa Gato (20)

Property Description

Income producing Duplex in Old Town Key West! The Owner would prefer to hold the financed note for a new owner. Fully renovated offering strong income potential and turnkey condition. Recent upgrades include a new roof, siding, impact windows, updated kitchens and baths, and new flooring in the rear unit. The downstairs features two lockout units--rear unit projected at $2,800/month with large private backyard, and front unit at $2,300/month. Upstairs treetop unit is currently tenant-occupied. Total projected income of approximately $7,700/month ($92,400 annually), reflecting an estimated 9.2% cap rate. Centrally located directly across from Bayview Park, this property offers consistent rental demand and separate electric. X Flood zone with plenty of room for a pool in the backyard.

1018 Georgia Street | MLS# R11168914

This multi-family property located at 1018 Georgia Street, Key West, FL 33040 is currently listed for sale with an asking price of $999,999. Search Key West real estate on mainlinemanny.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Fenced: Yes
Heating: Window/Wall
Lot Size: 0.07 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $7,823
Year Built: 1942

Feature Descriptions

Days on Site: 62
Exterior: Frame, Wood Siding
Fencing: Fenced
Flooring: Tile, Wood, Engineered Wood
Lot: Room for Pool
Lot: Room for Pool
Lot Dimensions: 25.67 x 118.50
Parcel#: 00033870000000
Patio/Porch: Patio - Covered, Patio - Open, Porch - Open, Deck, Patio, Porch
Restrictions: Historic Designation, Lease Restrictions
Sewer: Public Sewer
SQFT Living: 1452
Structure Type: Duplex
Units: 2
Utilities: Sewer Available, Water Available
Utilities: Sewer Available, Water Available
Water: Public
Waterfront Features: None
Windows: Storm Window(s)

Local Schools

High School: Key West

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Schmitt RE Co
Agency Phone: 305-743-5181

Shown By

Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark

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Estimated Payment

$ 3,169.15 per month $2,225.57 Principal & Interest $651.92 Property Tax $291.67 Homeowner's Insurance

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