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905 Grinnell Street, Key West, FL 33040

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For Sale

$2,500,000

8 beds4 baths3,383 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $738.99
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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
MLS# 611809

Courtesy Of Truman & Co. Real Estate Services

(305) 292-2244

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Ceiling Fan
  • Appliances
    Dryer, Microwave, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Floor Covering
    Tile
  • Lot Size
    0.13 Acres
  • Roof Type
    Metal
  • View Type
    Water

Map and Directions

Directions to 905 Grinnell Street, Key West, FL 33040
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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