Description
Income producing Duplex in Old Town Key West! 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 $7,800/month ($93,600 annually), reflecting an estimated 8.5% 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.
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3BEDS
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0.07ACRES
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3BATHS
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01/2 BATHS
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1,452SQFT
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$758$/SQFT
School Ratings & Info
Description
Income producing Duplex in Old Town Key West! 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 $7,800/month ($93,600 annually), reflecting an estimated 8.5% 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.
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