Description
Downtown multi-family opportunity. Long rental history, strong demand and excellent location make this apartment complex a solid investment. The adjacent vacant lot provides ample parking for tenants and guests. Each apartment has a private entry and assigned parking. On-site laundry available for tenants. Each apartment is separately metered for electric and owner pays water. This complex is within walking distance to downtown St. Augustine and convenient to restaurants, shopping and attractions. Also a very favorable location for tenants due to the ease of access to nearby employment. The building and grounds are very well maintained and allow for ample outdoor space as well as privacy. There have been continued updates and renovations throughout since 2007. Total monthly gross rental income from 6 apartments = $7100.The RS-2 zoning does allow for weekly rentals if interested in a rental income mix of both long and short terms rentals.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Downtown multi-family opportunity. Long rental history, strong demand and excellent location make this apartment complex a solid investment. The adjacent vacant lot provides ample parking for tenants and guests. Each apartment has a private entry and assigned parking. On-site laundry available for tenants. Each apartment is separately metered for electric and owner pays water. This complex is within walking distance to downtown St. Augustine and convenient to restaurants, shopping and attractions. Also a very favorable location for tenants due to the ease of access to nearby employment. The building and grounds are very well maintained and allow for ample outdoor space as well as privacy. There have been continued updates and renovations throughout since 2007. Total monthly gross rental income from 6 apartments = $7100.The RS-2 zoning does allow for weekly rentals if interested in a rental income mix of both long and short terms rentals.
© 2025 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Sunshine Realty & Appraisal Services, LLC. Data last updated 2025-01-15T16:31:39.257.