18 Arenta Street , St Augustine, Florida

Property for Sale in St Augustine

18 Arenta Street , St Augustine, FL

  • CA$1,640,163
  • 7 BEDS
  • CA$1,640,163

Property for Sale in St Augustine

18 Arenta Street , St Augustine, FL

  • CA$1,640,163
  • 7 BEDS
  • CA$1,640,163

Key Facts

  • MLS® #: 260135
  • Property ID: SIRC3042178
  • Original Price: USD 1,299,963
  • Property Type: Residential, Other
  • Year Built: 1915
  • Bedrooms: 7

Property Description

Opportunity knocks - solid cash flow and strong demand....Downtown multi-family property on two lots. Long rental history 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 the owner pays for water. This complex is a short walk to downtown St. Augustine and convenient to restaurants, shopping, and attractions. 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:$7,430. The RS-2 zoning allows for weekly rentals, making it an option for a rental income mix of both long and short-term rentals.

Amenities

  • Walk-in Closet

Listing Agents

  • Frank O'Rourke

    C. 9048063063

    O. 9048063063

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Location

18 Arenta Street , St Augustine, Florida, 32084 United States

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Marketed By

ONE Sotheby's International Realty
301 A1A Beach Boulevard
St. Augustine, Florida, 32080
United States

904.474.4189

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