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.
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Listing information last updated on April 20th, 2019 at 8:38am EDT.