1018 Georgia Street Key West, FL 33040

AGENT'S REMARKS ABOUT 1018 GEORGIA STREET

Income producing Duplex in Old Town Key West! Fully renovated offering strong income potential and turnkey condition. Recent upgrades include a new roof, siding, impact windows, updated kitchens and baths, and new flooring in the rear unit. The downstairs features two lockout units--rear unit projected at $2, 800/month with large private backyard, and front unit at $2, 300/month. Upstairs treetop unit is currently tenant-occupied. Total projected income of approximately $7, 800/month ($93, 600 annually), reflecting an estimated 8.5% cap rate. Centrally located directly across from Bayview Park, this property offers consistent rental demand and separate electric. X Flood zone with plenty of room for a pool in the backyard.