2503 Fogarty Avenue, Key West, FL 33040

$969,000
5
BD
3
BA
1,900
SqFt
List Price
$969,000
Price Change
▼ $16,900 1592527942
MLS#
590892
Style
Multi-Units
Status
ACTIVE
Island
Key West
County
Monroe
City
Key West
Area
03 - Key West
Subdivision
Key West Realty Cos Sub (3.0)
Neighborhood
Midtown East
Bedrooms
5
Bathrooms
3
Living Area
1,900
Acres
0.11
Year Built
1943

Property Description

The Perfect Key West Investment Retreat. This Keys home is an incredible investment opportunity with historical gross annual rental income of $88,200 and potential CAP rate of 7% - a return you will not find often!! This is currently a multi-family home with two separate meters, two full kitchens, but with many options for income and personal use...perfect for customizing to your unique goals and personal plans for your Keys homeownership. Perfect opportunities for both long-term (annual) rental, monthly vacation rental, and owner occupation amongst the three units. The property includes a sunny private pool, a vast, fully-fenced yard with mature landscaping. Plenty of available parking out front and ample space throughout the fully fenced property for your improvements.

Additional Information

Taxes
$4,164
Appliances
Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Stainless Steel Appl, Washer
Exterior Features
Fencing
Pool
Yes
Waterview Description
No Waterview

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Last Key Realty, Inc (KW).