1018 Georgia Street, Key West, FL, 33040
1942
1,452 sqft
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.
Status:
Active
Type:
Multi-family
Units:
2
Zoning:
HMDR - Historic
Subdivision:
Casa Gato (2.0)
Heating:
Window/Wall
Cooling:
Ceiling Fan(s), Wall/Window Unit(s)
Lot Size:
25.67 x 118.50
Acreage:
0.07
Est. Taxes:
$7,824
Construction
Frame, Wood Siding
Utilities
Sewer Available, Water Available
Lot Description:
Room for Pool
Amenities:
Park, Basketball Court, Playground, Tennis Court(s), Baseball/Softball Field, Sidewalks
High School:
Key West
Days on Market:
3
Owner Pays:
Electricity, Water
MLS #:
RX-11168914
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Coldwell Banker Schmitt RE CO 305-743-5181