909 Grinnell Street Active Save Request In-Person Tour Request Virtual Tour
Key West,FL 33040
Key Details
Property Type Multi-Family
Sub Type Multi-family
Listing Status Active
Purchase Type For Sale
Square Footage 2,790 sqft
Price per Sqft $680
Subdivision Old Town - Unlisted (1.0)
MLS Listing ID 615913
Style Multi-Units
Bedrooms 7
Full Baths 6
Construction Status CBS
HOA Y/N No
Rental Info With Restrictions
Year Built 1976
Annual Tax Amount $14,214
Tax Year 2024
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Multi-family
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.
Location
State FL
County Monroe
Community Old Town-N Of Truman
Area 02 - Key West
Zoning HHDR - Historic High Density Residential
Interior
Heating Wall/Window Unit(s)
Cooling Wall/Window Unit(s)
Exterior
Utilities Available Buyer to Verify
Waterfront Description None
View No Waterview
Private Pool No
Building
Story 2 Stories
Sewer Yes
Construction Status CBS
Others
SqFt Source Tax Records
Pets Allowed Pets Allowed