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About This Home
This 7-bedroom, 6-bathroom residential multi family at 909 Grinnell Street in Key West, FL is listed for $1,899,000 ($681 per sqft). Built in 1976, the home offers 2,790 sqft of living space on a 0.07 acres lot.
Rare opportunity to acquire SEVEN units in the X-Flood Zone in Old Town Key West. That's correct, seven market rate units! That's less than $272K per unit! Renovations in progress. Recent changes to IRS tax code (such as accelerated depreciation) can benefit RE Investors - ask your tax expert.
Prime location, just 1/2 block from cemetery and 1/2 block off Truman Ave. Currently configured as 6 units (but City recognizes 7). Presently being used as: one 2-bedroom unit, three 1-bedroom units and 2 studio units. All with separate exterior entrances.
Convenient location is close to many Old Town hot spots including world famous Duval St.. Perfect for employee housing or income producing multi-unit property. Advanced notice required before showings and don't expect to see all six of the units at once. Please do NOT disturb tenants. This is a duplicate entry.
Key Features
- Built in 1976
- 0.07 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$10,156/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
909 Grinnell Street
Key West, FL 33040
Old Town - Unlisted (1.0)
Property Details
Construction
Views
Cooling
Questions & Answers
This 7-bedroom, 6-bathroom residential multi family at 909 Grinnell Street is listed at $1,899,000 ($681/sqft). The estimated monthly payment is $8,229 based on 20% down at 6.5% interest.
Key features include: Built in 1976, 0.07 acre lot, 2 stories.
This property is listed by Walt Lee and can be reached at 3058797355 or walt@keysrealestate.com.
