909 Grinnell St - Apartments FOR SALE


Key West, FL 33040
$1,899,000 USD
305-879-7355
909 Grinnell St, Key West, FL for Sale
$1,899,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

909 Grinnell St
Key West, FL 33040


OVERVIEW

Rare opportunity to acquire SEVEN units in the X-Flood Zone in Old Town Key West. That's correct, seven market rate units! Priced at less than $272K per unit! Plus, recently passed legislation benefits RE investors - just ask your tax expert. Prime Old Town location, just 1/2 block from cemetery and 1/2 block off Truman Ave. Currently configured as 6 units (but City recognizes 7). Presently being used as: one 2-bedroom unit, three 1-bedroom units and 2 studio units. All with separate exterior entrances. Convenient location is close to many Old Town attractions including world famous Duval St. Perfect for employee housing or income producing multi-unit property. Advanced notice required before showings and don't expect to see all six of the units at once. Please do NOT disturb tenants. This is a duplicate entry.

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$528 USD /SF

# OF UNITS

7

PRICE/UNIT

$271,286

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,563 SF

ZONING

HDR

APN/PARCEL ID

00020870-000000

ASK ABOUT THIS PROPERTY

Walt LeeBerkshire Hathaway Knight & GarnerMore Info
305-879-7355

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Walt LeeBerkshire Hathaway Knight & GarnerMore Info
305-879-7355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.