BEDS7
BATHS6 full
SQUARE FEET2,790
MLS#615913
STATUSActive
PROPERTY TYPEResidential - Multiple
SUBDIVISIONOld Town - Unlisted (10)
Property Description
Rare opportunity to acquire SEVEN units in the X-Flood Zone in Old Town Key West. That's correct, seven market rate units! That's less than $272K per unit! Recent changes to IRS tax code (such as accelerated depreciation) can benefit RE Investors - ask your tax expert. Prime 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 hot spots 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.
Property Features
Property Type: Residential - Multiple
Cooling: Wall/Window Unit(s)
Lot Size: 0.07 Acres
Stories: 2.0
Taxes: $14,214
Year Built: 1976
Feature Descriptions
Building Above Flood: Yes
Days on Site: 237
Dockage: None
Exterior: CBS
Flood Zone: 0.2 PCT ANNUAL CHANC
HOA (1st Right of Refusal) Y/N: No
HOA (Mandatory) Y/N: No
Key/Island: Key West
Key West Neighborhood: Old Town-N of Truman
Listing Board: Key West Association
Lot Dimensions: 0.07Acre(s)
Parcel #: 00020870-000000
Pets: Pets Allowed
Sewer Hookup: Yes
Tax exemptions: None
Units: 7
Utilities: Buyer to Verify
Waterfront: None
Waterview: No Waterview
Zoning: HHDR - Historic High Density Residential
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeServices Knight & Gardner Realty
Agency Phone: (305) 294-5155
Shown By
Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-253-8044
Estimate Your Payment
Estimated Payment
$ 11,845.65 per month $10,107.28 Principal & Interest $1,184.50 Property Tax $553.88 Homeowner's Insurance
909 Grinnell Street | MLS# 615913
This home located at 909 Grinnell Street, Key West, FL 33040 is currently listed for sale with an asking price of $1,899,000. This property was built in 1976 and has 7 bedrooms and 6 full baths with 2790 sq. ft. Grinnell Street is located in the Old Town - Unlisted (10) subdivision. Search Old Town - Unlisted (10) real estate on www.adamscameron.com today.