BIG TIME INVESTMENT OPPORTUNITY in the heart of the Historic District of Key West. Originally built as a former church, this 4 unit active rental property offers 3, 383 square feet of living space, featuring 8 bedrooms and 4 bathrooms, and currently generates $10, 908.50 in monthly rental income. See below for rental breakdown:(A) 3BD/1BA leased for $3, 039.50 per month(B) STUDIO/1BA leased for $2, 369 per month(C) 2BD/1BA leased for $2, 700 per month(D) 2BD/1BA leased for $2, 800 per monthWith versatile possibilities, it has the potential for improvement and the possibility of condominium conversion. Each unit is large and spacious by Key West standards and includes high ceilings. The building is of concrete block construction and is currently undergoing exterior repairs to address some concrete spalling. Off street parking for three cars, a rarity for Old Town, Key West.
Extra Information for 905 Grinnell St Key West, FL
- Seller Type:
- Category: Single-Family Houses
- Conditions: Resale
- Amenities: Parking
- Listed Date: Oct 15, 2024
