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Rare 5 unit property, split between 2 buildings. Located centrally in the middle of Old Town Key West in the X flood zone. All units are turn-key and in great shape, recently painted and ready to be rented. The 2/1 unit is tenant occupied. There are 4 x 1 bed/ 1 bath units all currently vacant. This unique fenced property offers 3 off-street parking spots, private porches and common area space with coin operated washer and dryer. Perfect for investors, owner occupiers, or employee housing. No deferred maintenance, just a great turn-key property with 5 electric meters and 5 Parcel ID's. Projected monthly income from annual tenants is $12,800. Vacation Rentals could be a lot more. Seller has Business Tax License for all 5 units

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Market Activity 33040

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