48 GRANT ST, ST AUGUSTINE, FL 32084 (MLS# 1180738)

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48 GRANT ST, ST AUGUSTINE, FL 32084

$1,598,700
Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 3,720 Status: Active
Current Price: $1,598,700 List Date: 7/13/2022 Last Modified: 7/25/2022

Description

One of the most unique investment opportunities in uptown Saint Augustine walking distance to downtown and a five minute car ride to the beaches in Vilano. This investment comprises of two structures on one real estate parcel which allows the buyer/investor to get one single family real estate loan while enjoying four streams of income. The investment consists of a single-family home at 48 Grant St. which has a great track record being used as a full-time short-term vacation rental. Home is sold fully furnished. Approximate annual income on the home is $80,000 annually. The second structure at 48 1/2 grand St. is comprised of a triplex consisting of three separate one bedroom one bath apartments that are all occupied with long term tenants.

More Information MLS# 1180738

Listing Information

Sub-Type: Triplex Status: Active Listing Date: 2022-07-13 Comp Single Agent: 2.5 Comp Trans Broker: 2.5 Comp to Non-Rep: 2.5 Dual Variable Comm: N Region: 32-ST JOHNS COUNTY-ST AUGUSTINE AREA-E OF US-1 Area: 321-NORTH CITY-ST AUGUSTINE Price: 1598700 Real Estate Parcel #: 1557500000

Location, School & Taxes

Street Number: 48 Street Name: GRANT Street Sfx: ST State/Province: FL County: ST. JOHNS Postal Code: 32084 Country: USA Legal Name of Subdiv: ST AUGUSTINE Subdivision: ST AUGUSTINE Intermediate Schools: Other

Property Description

Mobile/Mfg Home: N Historic Area: N Stories: 1 Navigable to Ocean Y/N: N CDD Fee Y/N: N New Construction Y/N: N Year Built: 1948 Property Attached YN: No Approx. Heated SqFt: 3720 Bedrooms: 6 Bathrooms: 5 Full Baths: 5 All Bedrooms Conform: Y

Directions and Remarks

Directions: FROM US HWY 1, TAKE PICOLATA RD EAST. GO SOUTH ON GRANT ST. HOME IS ON GRANT AND WALDO ST.

DPR Eligible

DPR Eligible: No

Property Features

Style: Traditional Unit Location: Ground Level Square Foot Source: Tax Roll Bedrooms: Split Bedrooms Type of Heating: Central Heating Type of Cooling: Central Cooling Utilities: Water - Public; Sewer - Public Pool/Hot Tub: No Pool Parking Facilities: 3+ Car Space Approx Parcel Size: .25 to .5 Acre Lot Description: Regular Lot Presently Zoned: Residential; Multi-Family Occupancy: Tenant Occupied-Lease Export Options: Publish Address
Listing Office: SUNCOAST PROPERTY MANAGEMENT LLC
Last Updated: July - 25 - 2022

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.