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About This Home
This 3-bedroom, 3-bathroom residential multi family at 1018 Georgia Street in Key West, FL is listed for $999,999 ($689 per sqft). Built in 1943, the home offers 1,452 sqft of living space on a 0.07 acres lot.
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.
Key Features
- Built in 1943
- 0.07 acre lot
Property Details
Amenities
Monthly Cost Estimate
$5,348/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1018 Georgia Street
Key West, FL 33040
Old Town - Unlisted (1.0)
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 3-bathroom residential multi family at 1018 Georgia Street is listed at $999,999 ($689/sqft). The estimated monthly payment is $4,333 based on 20% down at 6.5% interest.
Key features include: Built in 1943, 0.07 acre lot. Interior Features: Built-in Cabinets, Granite Counter Top, Dade County Pine. Exterior Features: Fencing, Shed.
This property is listed by Diana Lynn Fiddes and can be reached at 3053930721 or realestate@dianafiddes.com.
