Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Bathrooms: | 3 |
| Lot Size: | 0.1 Acres |
Financials
Price:$1,100,000
Annual Taxes:$7,823.52
Listing Courtesy of Coldwell Banker Schmitt RE Co
Income producing Duplex in Old Town Key West !
Description
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.
Amenities
- Baseball Softball Field
- Basketball Court
- Park
- Playground
- Room For Pool
- Sewer Available
- Sidewalks
- Tennis Court(s)
- Water Available
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
