This Listing is for the sale of 1712 and 1714 Josephine St as both parcels are being Sold as one transaction. 5-unit investment property 1 block from the most popular beach in Key West. Gross annual rent $125,100. Superior condition. Meticulously maintained and continuously upgraded. Side-by-side parcels with three concrete/stucco buildings containing five separately licensed and metered units. One 3bed/2bath house, one 2bed/1bath apt., one 1bed/1bath apt. and two efficiencies. All units on 12 month leases through Oct 31, 2021. Zero deferred maintenance. Each unit with recent upgrades to bathrooms and kitchens. New asphalt roof 2016. See Documents for details. Four off street parking spaces plus spacious and sheltered common area. Excellent investment opportunity.
MLS# | 593838 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1967 |
Days On Site | 26 |
Bed(s) | 8 |
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Bath(s) | 6 Total |
SQ Feet | 3,551 |
Story(s) | 2 Stories |
Acreage | 0.22 |
Water Front | None |
Area Information | |
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State | FL |
County | Monroe |
City | Key West |
Zip Code | 33040 |
Area | Key West |
Subarea | Midtown West |
Community Name | New Town - Unlisted (2.0) |
Listing VS Median (in New Town - Unlisted (2.0)) | |
Price: $1,699,000 low | high Med: $854,000 SqFt: 3,551 low | high Med: 1,591 $ / SqFt: $478 low | high Med: $549 On Site: 26 low | high Med: 220 |