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    16 Mulvey St , 1, 2, 3, 4, 5

    St Augustine, FL 32084
    • $1,550,000
    • STATUS: Active
    • ON SITE: 158 days
    • MLS #: 196236
    UPDATED: 21 min ago
    $1,550,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1890
    County:
    Area:
    04

    School Ratings & Info

    Description

    Located in RG-1, this beautiful apartment building offers a great opportunity for good cash flow. The 5 apartments were completely renovated in 2017-2018. New wiring throughout, new plumbing, new kitchens including appliances, new bathrooms. Furnishings are also available The house has a sprinkler and built-in fire alarm system. The third floor was originally an apartment, but has been converted to an office/storage area for the short-term rental supplies. Large 12x12 storage shed for bikes ADVANCE APPOINTMENT REQUIRED TO SEE PROPERTY. PLEASE CALL AT LEAST 24 HOURS AHEAD. All 5 apartments were rented on a short-term basis through 2019, generating over $200K in gross revenues and steady 5 star reviews. With COVID restrictions, 3 apartments are rented long term to May 2021. 1 is short-term and 1 will become short term by October 2020. The location is terrific, located right across from Ketterlinus Elementary School, and is really popular with our guests and tenants. Beautiful shaded large back yard with barbecue grills. It's a really stunning property. Completely legal to do short-term vacation rentals! Also a super property for long-term tenants. Rustic office space available on the third floor.

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    © 2020 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 Memory Hopkins Real Estate. Data last updated 2020-11-24T12:30:55.827.
    www.memoryhopkinsrealestate.com/homes/106988214
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    16 Mulvey St , 1, 2, 3, 4, 5 St Augustine, FL 32084

    • Price: $1,550,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 196236
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1890
    Built
    Neighborhood:
    Model Land Co-St
    County:
    Saint Johns
    Area:
    04
    Property Description
    Located in RG-1, this beautiful apartment building offers a great opportunity for good cash flow. The 5 apartments were completely renovated in 2017-2018. New wiring throughout, new plumbing, new kitchens including appliances, new bathrooms. Furnishings are also available The house has a sprinkler and built-in fire alarm system. The third floor was originally an apartment, but has been converted to an office/storage area for the short-term rental supplies. Large 12x12 storage shed for bikes ADVANCE APPOINTMENT REQUIRED TO SEE PROPERTY. PLEASE CALL AT LEAST 24 HOURS AHEAD. All 5 apartments were rented on a short-term basis through 2019, generating over $200K in gross revenues and steady 5 star reviews. With COVID restrictions, 3 apartments are rented long term to May 2021. 1 is short-term and 1 will become short term by October 2020. The location is terrific, located right across from Ketterlinus Elementary School, and is really popular with our guests and tenants. Beautiful shaded large back yard with barbecue grills. It's a really stunning property. Completely legal to do short-term vacation rentals! Also a super property for long-term tenants. Rustic office space available on the third floor.
    Exterior Features

    Construction FrameWoodOther Dock YN No Entry Level Ground Level Location City Lot Size 7405 Lot Type Regular Oceanfront Complex YN No Oceanfront Unit YN No Waterfront YN No

    Interior Features

    Air Conditioning CentralOther Air Heat CentralHeat PumpOther Heat Unit1 Features 2 Bed 1 BaPorch W/D Ac Unit2 Features 1 Bed 1 Ba Deck Ac Unit3 Features Efficiency W Deck Ac Unit4 Features 2nd Level 1 Bed Balc Wd Ac Unit5 Features 1 Bd 1 Ba Balc Wd Ac

    Property Features

    Assumable Loan YN No Bank Corporate Owned YN No Cdd YN No Extras Cable AvailableDishwasherDisposalLaundryMicrowaveRangeRefrigeratorWindow Treatments Gross Annual Income 200000 Homestead Exemption YN No Lease All New Construction YN No Short Sale YN No Tax Year 2019 Taxes 8102.86 Terms CashConvOther Type Of Property Apartments (5+ Units) Unit1 Rent Unit 1400 Unit2 1 Bed Unit2 Rent Unit 2500 Unit4 Rent Unit 1400 Unit5 Rent Unit 1400 Waste Sewer Water City Zoning Rg1

    Listing courtesy of Peake Properties Llc.


    © 2020 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 Memory Hopkins Real Estate. Data last updated 2020-11-24T12:30:55.827.
     
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    Memory Hopkins Real Estate
    93B Orange St.
    St. Augustine FL, 32084