New Listing - 01/07/2026
18 Arenta Street, Saint Augustine, FL, 32084
1915
0 sqft
Opportunity knocks - solid cash flow and strong demand....Downtown multi-family property on two lots. Long rental history and excellent location make this apartment complex a solid investment. The adjacent vacant lot provides ample parking for tenants and guests. Each apartment has a private entry and assigned parking. On-site laundry available for tenants. Each apartment is separately metered for electric and the owner pays for water. This complex is a short walk to downtown St. Augustine and convenient to restaurants, shopping, and attractions. A very favorable location for tenants due to the ease of access to nearby employment. The building and grounds are very well-maintained and allow for ample outdoor space as well as privacy. There have been continued updates and renovations throughout since 2007. Total monthly gross rental income from 6 apartments:$7,430. The RS-2 zoning allows for weekly rentals, making it an option for a rental income mix of both long and short-term rentals.
Status:
Active
Type:
Multi-family
Units:
6
Zoning:
RS-2
Subdivision:
Daniels Sub
Heating:
Window Unit
Cooling:
Window Unit
Lot Size:
100x 124
Boat Access:
No
MLS #:
260135
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Listing courtesy of One Sotheby's Int (A1A Beach)