Key West Real Estate Investment opportunity

Listing #108870
$749,000 (LP)

SELLER Paid CLOSING Costs! Just Reduced! Great investment opportunity! Work Force Housing! This property consists two buildings with 5 Licensened Rental Units and 2 lockouts, with rental income of $7,860 per month with room for improvement. There are 3 Electric Meters, and 5 Water Meters. The property is located in Old Town in an X zone, so no flood insurance is required. This property will make a great condo conversion or employee housing. Off-street parking. Available to purchase with 1212 Catherine Street, a Single Family 3bed, 1 bath with pool. This can make a great compound! See MLS #108869 1212 Catherine St. which is a 3/1 with a pool! Rents for $2,300 + Utilities per month. Priced together at $1,145,000!!

Karen Carter REALTOR®
Key West
305-292-7444
Cell: 305-797-
4553
Fax:305-294-0009
Email

Posted by Karen Carter on 07/10/2008 01:20 PM

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key west investment property, key west homes for sale, key west real estate

This post has been included in Florida Information Monroe County, FL Information Key West, FL Information
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Real Estate Agent: Karen Carter (Coldwell Banker Schmitt Real Estate Co.)

Karen Carter
Key West, FL
More about me…
Coldwell Banker Schmitt Real Estate Co.

Office Phone: (305) 296-7727 Ext.: 7444
Cell Phone: (305) 797-4553
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