Opportunity to own 3 units in the perfect location for an income producing dream in St. Augustine's historic district. Or return the 2 family to its former single family beauty. The property includes 2 additional 50x138 building lots and 1 50x70 HARB pre-approved single family building lot. Check out the coquina wall along Grove Ave. It takes you back in time! There are 3 units First Floor Main House. (Owner occupied) LR: 20x14 DR: 12x12 Kitchen: 10x14 BR: 14x22 (original space was a 2 BR) Deck: 19x14 Porch 10x7.9 Second floor Main house (inlaw occupied) LR: 14x11 BR: 10x8.6 BR2: 12x11 Kitchen: 19x8.6 Porch: 11x7 Garage Apartment (short term rental) (Comes fully furnished) Kitchen: 6x8 LR: 7x15 DR:9x11 BR: 8x17History.
The unit over the garage has been rented since 2016.
2016: Net income: $23,866.32. Gross income: $30,468.
2017: $24051.83. Gross income: $30,229.15
2018: $22,611.87 Gross income: $28,145.70
There are Airbandb fees, Florida Sales Tax, 4% SJC Tourist tax, and cleaning fee.
Full excel accounting will be available upon request.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Round Table Realty are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Information deemed reliable but not guaranteed.
©2019 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on February 19th, 2019 at 6:08am EST.