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.
1,452 Sq Ft
3,049.2 Sq Ft Lot Size
Other
$7,824 Annual Tax
Built in 1942
MLS/Listing ID R11168914
2 Stories
Fenced
Natural Wood
Tile
Heating - Wall Furnace
Porch
Patio
Deck
Covered
Metal
Association - Tennis Courts
Association - Playground
Association - Park
Association - Basketball Court
Construction - Wood Siding
Construction - Frame
Cooling - Wall/window unit(s)
Outdoor Living Area
Room for Pool
Cooling - Ceiling Fans
TOTAL MONTHLY COST
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