Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1942
Sq.Footage
1,452
Income producing Duplex in Old Town Key West! 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 $7,800/month ($93,600 annually), reflecting an estimated 8.5% 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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame, Wood Siding
-
Patio and Porch Features
Covered, Deck, Patio, Porch
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.07
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$1,100,000
-
Tax Amount
$7,823.52
-
Sq. Footage
1, 452
-
Price/SqFt
$757
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
Key West
Property Features
-
Association Amenities
Basketball Court, Playground, Park, Tennis Court(s)
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Monroe
Elementary School
Middle School
High School
Key West
Listing Courtesy of Sean Farrer , Coldwell Banker Schmitt RE Co
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