905 Grinnell Street, Key West, FL | MLS #611809

Active
  • $2,500,000
    • Address:
      905 Grinnell Street
      KEY WEST, Florida 33040
    • Property Type:
    • Location:
    • Beds: 8
    • Baths: 4
    • Sq Ft: 3,383
    • Lot Sq Ft: 0.13 acres

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

Price: $2,500,000
Address:905 Grinnell Street
City:KEY WEST
State:Florida
Zip Code:33040
Subdivision:Old Town - Unlisted (1.0)
MLS:611809
Year Built:1959
Square Feet:3,383
Acres:0.13
Lot Square Feet:0.13 acres
Bedrooms:8
Bathrooms:4
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Listed by: Truman & Co. (KW) 305-292-2244

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