Want to live on an island and own your own business, too? Here's your chance! This historic building, completely renovated in 2013-14, with six rental units is the answer for you! Sitting on high ground in historic Cedar Key, Florida, this apartment building is currently chock full with tenants in long-term rental agreements! All units pay their own utilities, and current annual income from the six leases is $59,400, with an approximate net income of $49,000 after all expenses. Located right downtown, this building's extensive renovations included a new 26-gauge metal roof, plumbing, electrical, central heat and air, interior finishes, floor coverings, cabinetry and appliances. Six rental units include: One--2-Bed, 2 Bath; Two--2-Bed, 1 Bath; Two--1-Bed, 1 Bath; One--Studio. Choose yours, collect rent on five others, and spend your days playing on the Gulf of Mexico! Take a look right away--you're not the only one who wants an easy island life!
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.
