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19
Photos
905 Grinnell Street, Key West, FL 33040
$2,500,000 Asking Price
$---/mo Est. Payment Get Prequalified »
8
beds
4
baths
3,383
sqft
Built in
1959
BIG TIME INVESTMENT OPPORTUNITY in the heart of the Historic District of Key West. Originally built as a former church, this 4 unit active rental property offers 3,383 square feet of living space, featuring 8 bedrooms and 4 bathrooms, and currently generates $10,908.50 in monthly rental income. (See below for a breakdown of beds and baths per unit) With versatile possibilities, it has the potential for improvement and the possibility of condominium conversion. Each unit is large and spacious by Key West standards and includes high ceilings. The building is of concrete block construction and is currently undergoing exterior repairs to address some concrete spalling. Off street parking for three cars, a rarity for Old Town, Key West. This property is located in one of the most desirable neighborhoods and is just a short walk to World famous Duval street, the island's best restaurants, shopping and more! Unit breakdown: (A) 3BD/1BA leased for $3,039.50 per month (B) STUDIO/1BA leased for $2,369 per month (C) 2BD/1BA leased for $2,700 per month (D) 2BD/1BA leased for $2,800 per month
Features & Amenities
Interior
- Flooring:
- Tile
- A/C:
- Wall/Window Unit(s),Ceiling Fans(s)
Exterior
- Pool:
- None
Construction
- Roofing:
- Metal Roof
Location
- County:
- Monroe
Lot
- Zoning:
- HHDR - Historic High Density Residential, 1021601, 00020860-000000
Utilities
- Utilities:
- FKAA,Elect Separate Meter,Water Separate Meter,Buyer to Verify,Sewer Available,Municipal Sewer
This listing courtesy of:
Truman & Co. (KW), Team Kaufelt
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Key West, FL
Housing
- Number of Units
- 17,193
- Median Home Value
- $691,198
- Median Rent
- $1,698
57.07% of housing units are renter occupied.
19.25% are vacant.
Commute
- Car
-
63.42%
- Public Transportation
-
0.78%
- Walk to Work
-
6.60%
- Work from Home
-
10.68%
- Other
-
2.85%
The median travel time to work is 14 minutes.
People
- Population
- 31,038
- Median Age
- 43.40
- Median Household Size
- 2.48
Education
- High School
-
26.79%
- Associate’s Degree
-
7.86%
- Bachelor’s Degree
-
22.80%
- Graduate Degree
-
13.76%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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