Description
Big time investment opportunity in the heart of the historic district of key west. originally built as a former church, this 4 unit active rental property offers 3,383 square feet of living space, featuring 8 bedrooms and 4 bathrooms, and currently generates $10,908.50 in monthly rental income. (see below for a breakdown of beds and baths per unit) with versatile possibilities, it has the potential for improvement and the possibility of condominium conversion. each unit is large and spacious by key west standards and includes high ceilings. the building is of concrete block construction and is currently undergoing exterior repairs to address some concrete spalling. off street parking for three cars, a rarity for old town, key west. this property is located in one of the most desirable neighborhoods and is just a short walk to world famous duval street, the island's best restaurants, shopping and more! unit breakdown: (a) 3bd/1ba leased for $3,039.50 per month (b) studio/1ba leased for $2,369 per month (c) 2bd/1ba leased for $2,700 per month (d) 2bd/1ba leased for $2,800 per month
Property Type
Residential - Single FamilySubdivision
Old Town - Unlisted (1.0)County
MonroeStyle
Multi-UnitsAD ID
47173069
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 8
Bathroom Information
- Total Baths: 4
- Full Baths: 4
Interior Features
- Appliances : Washer,Microwave,Oven,Refrigerator,Dryer
Roofing Information
- Metal Roof
Flooring Information
- Tile
Heating & Cooling
- Cooling: Wall/Window Unit(s),Ceiling Fans(s)
- Water Front: No
- None
- No Waterview
Window Information
- Window Treatments: French Doors,Other Windows/Doors
-
Exterior Features
Building Information
- Year Built: 1959
- Total Units: 4.00
- Floor Location: 5737
- Construction: CBS
- Roof: Metal Roof
-
Property / Lot Details
Lot Information
- Lot SqFt: 5,737
- KW PT LOT 4 AND PT LOT 2 SQR 3 TR 6 OR4-281/83 OR4-284/85 OR600-754/55 OR701-406 OR760-988 OR810-258/59 OR760-988 OR1063
Property Information
- SQ ft (Living Area): 3,383
- View: No Waterview
- Subdivision: Old Town - Unlisted (1.0)
-
Listing Information
Listing Price Information
- List Price: $2,500,000
Listing Information
- Cash,Conventional
-
Taxes / Assessments
Tax Information
- Taxes: $13,207
- Tax Year: 2023
- Parcel Number: 00020860-000000
- Tax Exemptions : None
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Virtual Tour
Multi-Unit Information
- Restrict: YES
Homeowners Association Information
- Mandatory Home Owners Asc : No
- 1st Right of Refusal : No
- Association Fee $0.00
-
School, Utilities & Location Details
Utility Information
- FKAA,Elect Separate Meter,Water Separate Meter,Buyer to Verify,Sewer Available,Municipal Sewer
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BuyOwner last updated this listing 11/21/2024 @ 12:58
- MLS: 611809
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Florida Keys MLS, Inc.
is a Home, with 8 bedrooms which is for sale, it has 3,383 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of KEY WEST , in zip code 33040, this Monroe County Home , it is in the Old Town - Unlisted (1.0) Subdivision, and are nearby neighborhoods.