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Wade M. Berlin

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1018 Georgia Street 3
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PRICED AT ONLY: $1,150,000

Address: 1018 Georgia Street 3, KEY WEST, FL 33040

Description

Investors Alert! Legal Duplex in Old Town Key West. This property just had an Extreme Makeover. new roof, new siding, new kitchens, new bathrooms., new sub flooring in the back apartment, new impact windows and doors. An opportunity to own a rental Property in Kew West with great income flow. With all the upgrades the rent will be increased. Downstairs lock out units; the back unit will rent for $2500 with a back yard exposure. The front unit rent for $2200. Projected income will be estimating $7800. per month. Never a problem renting in the past. Upstairs tenant in place. The yearly income $93,600 bring a 6.5 cap rate. Located across the street form Bay View Park. An Exceptional location and Opportunity. @ separate meters for electric and water. tenants pay their own utilities.
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  • MLS#: 617249 ( Apartment 3 or more )
  • Street Address: 1018 Georgia Street 3
  • Viewed: 1
  • Price: $1,150,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1943
  • Bldg sqft: 0
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 3
  • Additional Information
  • Geolocation: 24.556 / -81.79
  • County: MONROE
  • City: KEY WEST
  • Zipcode: 33040
  • Subdivision: Casa Gato (2.0)
  • Provided by: Coldwell Banker Schmitt Key Largo
  • Contact: Diana Lynn Fiddes
  • (305) 451-4422
  • Florida Keys Board of REALTORS
  • DMCA Notice
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Features
Building and Construction
  • Construction: Frame
  • Floor: Wood
  • Net Leasable Area: 1452.00
  • Roof: Metal Roof
  • Sqft Source: Tax Records
  • Total Number Of Units: 0.00
Property Information
  • Property Group Id: 19990816212135227274000000
Eco-Communities
  • Off Shore Island: No
  • Water View: No Waterview
Utilities
  • Cooling: Wall/Window Unit(s)
  • Kw Neighborhood: Midtown East
  • Utilities: FKAA
  • Windowsdoors: Impact Rstnce Window, Impact Rstnce Doors
Finance and Tax Information
  • Fee Includes: None
  • Tax Year: 2024
  • Tenant Paid: Water, Electric, Cable
Other Features
  • Alternate Key Num: 1034771
  • Appliances Other: 2 frig. 2 stoves
  • Appliances: Refrigerator, Dishwasher, Dryer, Range
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: No
  • Dockage: None
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Legal Description: KW PT OF TR 14 G12-259 OR711-313L/E OR714-668/69 OR714-665/67 OR1464-327AFFD OR1752-1083/84 OR1814-122D/C OR2534-1792/93
  • Limitd Reprsntation: No
  • Mile Marker: 2.00
  • Miscellaneous: Fencing
  • Parcel Num: 00033870-000000
  • Side: Median
  • Species List: No
  • Style: Commercial
  • Year Established: 0000-00-00
  • Zoning: HMDR - Historic Medium Density Residential
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin