$2,500,000

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905 Grinnell Street Key West, FL, United States 33040

BIG TIME INVESTMENT OPPORTUNITY in the heart of the Historic District of Key West. Originally built as a former church, this 4 unit active rental property offers 3,383 square feet of living space, featuring 8 bedrooms and 4 bathrooms, and currently generates $10,908.50 in monthly rental income. (See below for a breakdown of beds and baths per unit) With versatile possibilities, it has the potential for improvement and the possibility of condominium conversion. Each unit is large and spacious by Key West standards and includes high ceilings. The building is of concrete block construction and is currently undergoing exterior repairs to address some concrete spalling. Off street parking for three cars, a rarity for Old Town, Key West. This property is located in one of the most desirable neighborhoods and is just a short walk to World famous Duval street, the island's best restaurants, shopping and more! Unit breakdown: (A) 3BD/1BA leased for $3,039.50 per month (B) STUDIO/1BA leased for $2,369 per month (C) 2BD/1BA leased for $2,700 per month (D) 2BD/1BA leased for $2,800 per month

Amenities

  • Bedrooms: 8
  • Full Bathrooms: 4
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Architectural Style: Other
  • Year Built: 1959
  • Built in 1959
  • Home size: 3,383 ft2 / 314.29 m2
  • MLS: 611809
  • Status: Active
Copyright © 2024 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Truman & Co., Inc.

(305) 292-2244

Get more listing details on brokerage site

Presented by Team Kaufelt

  • (305) 292-2244
  • (305) 292-2244 (Office Phone)

Contact Team Kaufelt

Contact Agent

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