Legal, three unit, income producing property which consists of 1(one) two bedroom/one bath Single Family home. Additionally, there is a two story apartment building in the rear(with separate entrance off George St.) which offers 2(two) apartments consisting each of two bedrooms and one bath. All three units have washer/dryer hookups that are all individually metered for both, water and electric. This investment property is located in a highly desirable Key West neighborhood that is family oriented. Additionally, the property is well within walking distance to school, the beach, and shopping, which are all in high demand to potential tenants in this market. At current rental rates, this property commands an annual NOI of $69,000. Within the city of Key West, the rental market continues to flourish with a general anticipation of rental rates steadily INCREASING into the foreseeable future.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
