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1122 Simonton St

5 Unit Block of Flats £2,151,738 (£430,348/Unit) Key West, FL 33040

Executive Summary

Excellent income producing rental property or employee housing with 5 units. All apartments are currently rented at below market rents. With its downtown location, low flood risk, turn-key income, and transient receivership zone, this property is perfectly positioned for savvy investors. Three 1bed 1bath units, One 2 bed 1 bath unit and one studio. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.No sign on property

Property Facts

Price £2,151,738
Price Per Unit £430,348
Sale Type Investment
No. Units 5
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.11 AC
Building Size 2,587 SF
Number of Floors 2
Year Built 1913

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 4 - 510
2+1 1 - 550
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code HNC-1
HNC-1
  • Listing ID: 33704073

  • Date on Market: 31/10/2024

  • Last Updated:

  • Address: 1122 Simonton St, Key West, FL 33040

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