21 Williams St, St Augustine, 32084

REDUCED 4% Multi Family For Sale in Williams

$650,000

7Beds
4Baths
3,098Sqft
1935Built
161DOM
MLS® #: 999213
Active, 161 Days on Market

Amazing opportunity to own 2 bldgs with 2 units each; located in Downtown Historic St Augustine. Property zoned RS2; owner currently uses 2 of the units for short-term or vacation rentals, the other 2 units have a longer term leases on file. Over $120k gross rent potential!!! Please check out virtual tour for each of the units. Unit A(2/1), B(1/1), D(1/1) will be sold fully furnished/turn key. Unit C(2/1) is tenant occupied on lease. Owner has license to operate short term rentals with City of St Augustine. Seller Financing Available and seller will manage property post-sale if desired for management fee(s). Owner is currently a Superhost on Airbnb and other online booking sites, and VRBO for advertising and booking the two short term rentals. Low vacancy, & positive reviews. Lots of starsOn Trolley path with high visibility. See docs section for additional information on leases, income, expenses, and projected future ROI/CAP rate. Current CAP projected over 10% based on rental history and future bookings. Future CAP can be higher based on future use of property -- could have all 4 AirBnb. Tenant occupied and also still being used actively as a short term rental. Showings must be approved by showing agent, financials provided, and a minimum of 24hrs in advance.

Essential Information

MLS® #: 999213
Price: $650,000
Bedrooms: 7
Bathrooms: 4.00
Full Baths: 4
Square Footage: 3,098
Year Built: 1935
Type: Investment Income/Apartment
Sub-Type: Multi Family
Status: Active

Community Information

Address: 21 Williams St
Area: 322-downtown St Augustine
Subdivision: Williams
City: St Augustine
County: ST. JOHNS
State: Florida
Zip Code: 32084

Amenities

Amenities: French Doors, Tile Floors, Vinyl Floors, Furnished
Utilities: Sewer - Public, Water - Public, Gas - Bottled
Parking: No Covered Parking, Guest Parking, Gravel, 1 - 10 Spaces
Pool: No Pool

Interior

Appliances: Range - Gas, Wash/Dry Connection
Heating: Window/Wall Unit, Space Heating
Cooling: Window/Wall Unit
Fireplace: Yes
Fireplaces: 1 Fireplace, FP in Living Room, Woodburning FP
# of Stories: 1
Stories: 1 Story

Exterior

Exterior: Stucco, Wood Siding, Cementitious Siding
Lot Description: Regular Lot
Roof: Shingle Roof

Additional Information

Days on Market: 161

Listing Details

Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE

Financials

$/SqFt: $210

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Listing information last updated on November 15th, 2019 at 7:38am EST.