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Key West Great investment opportunity! Work Force Housing

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Real Estate Agent with Coldwell Banker Schmitt Real Estate Co.

 

Great investment opportunity! Work Force Housing! This property consists two buildings with 5 Licensened Rental Units and 2 lockouts, with NOI of $5700 per month. There are 5 Electric Meters, and 5 Water Meters. The property is located in Old Town in an X zone, so no flood insurance is required. Can be purchased with 1212 Catherine St. See MLS 109806 $699,000

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

Email

http://www.bestkwagent.com

Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Wow...your prices are soooo much higher than in Maine! How do people afford them?  Good luck in your sale!

Feb 11, 2009 03:56 AM
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

I think my area, although on a much smaller scale, must be like yours -- a mainly secondary home marketplace.     Like the "look" of this -- sort of "west coast", in some way.  

Feb 11, 2009 04:00 AM