16 Rohde Ave - Multi-Family FOR SALE


Saint Augustine, FL 32084
$1,349,900 USD
904-625-2562
16 Rohde Ave, Saint Augustine, FL for Sale
$1,349,900 USD
Multi-Family - FOR SALE
1/5
null | 5.26% Cap Rate

16 Rohde Ave
Saint Augustine, FL 32084


HIGHLIGHTS

  • Gross Income: $178,600
  • After Repair Projected Cap Rate: 8.07%
  • After Repair Projected NOI: $109,000

OVERVIEW

This 5 bedroom, 4.5 bath gem is THE BEST opportunity in historic St Augustine to own a cash cow! 4 units with proven rental income generation (1 unit leased annually, 3 through Airbnb & VRBO). Currently non-owner occupied, can easily accommodate owner who would prefer to live on premises and enjoy all that America's oldest city has to offer! Walking distance to finest dining, shopping, boating, attractions and festivals (just a few blocks from the fairgrounds). You and your guests can enjoy the splendor of St Augustine's famous Nights of Lights from mid-November through late January every year. A short drive will bring you to St Augustine and Vilano beaches, great golf and the St Augustine outlet mall. Don't miss this opportunity to enjoy all that St Augustine has to offer and earn a steady stream of reliable income. Owner has reservations from repeat visitors stretching into 2025. Current owner willing to assist in transition so you can start earning income on DAY 1

FOR SALE DETAILS

PRICE

$1,349,900 USD

PRICE/SF

$381 USD /SF

# OF UNITS

4

PRICE/UNIT

$337,475

CAP RATE

5.26%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

193250-0000

ASK ABOUT THIS PROPERTY

Sandy FitzburghFIRST COAST PREMIER PROPERTIESMore Info
904-625-2562

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Sandy FitzburghFIRST COAST PREMIER PROPERTIESMore Info
904-625-2562

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.