
Courtesy of: Diana Lynn Fiddes, Coldwell Banker Schmitt Key Largo, realestate@dianafiddes.com
$999,999
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3 bed
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3.00 Bath (3 Full)
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Lot: 0.07 Acres
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Other
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$999,999
1018 Georgia Street Income producing Duplex in Old Town Key West! The Owner prefer to hold the financed note for a new owner. 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, 700/month ($92, 400 annually), reflecting an estimated 9.2% 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.
Courtesy of: Diana Lynn Fiddes, Coldwell Banker Schmitt Key Largo, realestate@dianafiddes.com
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