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54 and 54 1/2 Carrera Street, St Augustine, FL 32084

$725,000
Rental Complex For Sale MLS# 172775 ID: 47065284
$725,000 Get Rates

Apartments (5+ Units) - St Augustine, FL
Enjoying An Excellent Downtown Location,Rare Off-street Parking And Legal Multi-family Zoning,The Cottage At 54 Carrera And Quadriplex At 54 1/2 Carrera Street Present A Number Of Options For Future Use. The Past 20 Years Primary Use Has Been Providing Rentals For Flagler College Students But Demand For Vacation Rentals And Higher-end Intermediate And Long-term Rentals Also Offer New Possibilities To Generate Increased Income Streams Year-round From Wider And Different Demographic Of Occupant.,Finding All The Necessary Components In One Place Can Be Difficult But The Carrera "compound" Has Everything You Need To Maximize Utility Of The Property And Take Advantage Of Its Location Within 3-4 Blocks Of A Multitude Of Restaurants,Galleries,Entertainment Venues,Flagler College Campus,Historic Sites,A Wealth Of Architectural Treasures And The Bayfront Esplanade On The Matanzas River. With Just Over 2,900sf,Apts A And B Are Down And C And D Up. A Is 2/2 With Laundry And Porch And Apt B Is 1/1 With Small Porch. C And D Are Accessed Through Front Door And Common Vestibule. C Is A 1/1 With Additional Sunroom And D Is A 2/2. Detached Cottage Is A 2-story 2/1 With Living,Dining,Galley Kitchen And Front Porch. Quad Saw A Major Reno In 1999-2000 With A Respected General Contractor Who Updated All Mechanicals And Created Intelligent Living Spaces. Cottage Saw Some Reno Work Shortly Thereafter. Each Unit Has Separate Water And Electric Meters And Most Of The Central Heat/Air Systems Were Recently Replaced. With A Little Effort And Some Aesthetic Interior Improvements The Quad Will Be Ready For Action. Cottage Has Deferred Maintenance Which Needs Attending But You Can Set The Schedule And Start Generating Revenue Next Door First. It Is Possible To Get One More Parking Spot On-site And There Is On-street Parking Available On A First-come Basis. Owner Did Not Renew Any Leases (all Ended This Summer) So You Can Start With A Clean Slate. Make A List Of ?s And We'll Get On Them.

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Location Information near 54 and 54 1/2 Carrera Street
Offered by Irene Arriola at Century 21 Saltwater Property Group

Would you like more information regarding this property?
Please call (904) 829-2002.

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Property Features for 54 and 54 1/2 Carrera Street
Status
Market Status
Available
Last Updated
December 11, 2017
Description
Property Type
Rental Complex For Sale
Year Built
1917

Appliances

  • Refrigerator
  • Range

Building Features

  • Cable/Satellite TV: Cable Ready
  • Central Air
  • Heating Fuel: Electric

Exterior Features

  • Exterior Construction: Aluminum Siding; Wood

Interior Features

  • Ceiling Fan

Legal/Financial

  • Taxes: 9423.06 (2017)

Listing Features

  • Property Type: MultiFamily; Apartment

Data Provided by St. Augustine & St. John's County Board of Realtors

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More information about this $725,000 Rental Complex For Sale at 54 and 54 1/2 Carrera Street

This $725,000 Rental Complex For Sale at 54 and 54 1/2 Carrera Street in St Augustine, FL is presented by Irene Arriola. This $725,000 Rental Complex For Sale, located in the 32084 zip code, has the following property features: Property Type, Refrigerator, Ceiling Fan, Central Air. This 54 and 54 1/2 Carrera Street Rental Complex For Sale, located in Saint Johns County , is listed under MLS listing number 172775 and has a listing price of $725,000. You can find more ST AUGUSTINE homes for sale here.