About 737 Olivia Street
Price Reduced, Owner's motivated! This triplex is situated in a prime area of Old Town, just three blocks away from Duval Street. It presents an attractive investment opportunity with its three separate units, offering potential for rental income, extended family stays, or versatile usage. Constructed from concrete blocks in 1979, this property's main unit is currently occupied by the owners, who benefit from consistent rental earnings from the other two units, frequented by repeat monthly guests. Unit A comprises two bedrooms and one bath, spanning 768 sq. ft., while Units B and C are one-bedroom, one-bath units with 528 and 564 sq. ft. each. Each unit features its own laundry facilities and a private outdoor patio area perfect for relaxation. Additional conveniences include on-site parking and storage. The property's strategic location, mere minutes from Duval Street, restaurants, bars, beaches, historical landmarks and waterfront attractions, enhances its appeal as a multi-unit investment. Take the opportunity to explore this property today and envision its myriad possibilities!
Features of 737 Olivia Street
MLS® # | 610069 |
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Price | $1,650,000 |
Bedrooms | 4 |
Bathrooms | 3.00 |
Full Baths | 3 |
Square Footage | 1,860 |
Acres | 0.09 |
Year Built | 1979 |
Type | Residential |
Sub-Type | Multi-Units |
Style | Ground Level |
Status | Active |
Community Information
Address | 737 Olivia Street |
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Area | 02 - Key West |
Subdivision | Old Town - Unlisted (1.0) |
City | KEY WEST |
County | Monroe |
State | FL |
Zip Code | 33040 |
Amenities
Utilities | FKAA |
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Parking Spaces | 1 |
View | No Waterview |
Is Waterfront | No |
Waterfront | None |
Has Pool | No |
Interior
Appliances | Washer, Stainless Steel Appl, Disposal, Microwave, Oven, Range, Refrigerator, Dryer |
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Cooling | Window/Wall Unit |
Fireplace | No |
Exterior
Exterior Features | Fencing, Storage, Shed, Detached Guest Qtrs, Outdoor Shower |
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Lot Description | Less Than 1/4 Acre |
Roof | Metal Roof |
Construction | Poured Concrete Cnst, Combo Construction |
Additional Information
Date Listed | May 20th, 2024 |
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Days on Market | 177 |
Zoning | HMDR - Historic Medium Density Residential |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 0.00 |
Listing Details
Agent | Tammy Stiles |
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Office | Berkshire Hathaway Knight & Gardner |