About 1122 Simonton Street
Excellent income producing rental property or employee housing with 5 units. All apartments are currently rented at below market rents. With its downtown location, low flood risk, turn-key income, and transient receivership zone, this property is perfectly positioned for savvy investors. Three 1bed 1bath units, One 2 bed 1 bath unit and one studio. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.No sign on property
Features of 1122 Simonton Street
| MLS® # | 611875 |
|---|---|
| Price | $2,750,000 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 2,587 |
| Year Built | 1913 |
| Type | Commercial |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 1122 Simonton Street |
|---|---|
| Area | 01 - Key West |
| Subdivision | Old Town - Unrecord (1.0) |
| City | KEY WEST |
| County | Monroe |
| State | FL |
| Zip Code | 33040 |
Amenities
| Utilities | FKAA, Separate Meters, Buyer to Verify |
|---|---|
| View | No Waterview |
| Is Waterfront | No |
| Waterfront | None |
Interior
| Appliances | Refrigerator, Range |
|---|---|
| # of Stories | 2 |
Exterior
| Lot Description | Less Than 1/4 Acre |
|---|---|
| Construction | Frame |
Additional Information
| Date Listed | October 18th, 2024 |
|---|---|
| Days on Market | 47 |
| Zoning | HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Dustan Carpenter |
|---|---|
| Office | Berkshire Hathaway Knight & Gardner |