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