Description
Located just blocks from historic St. George St in downtown St. Augustine, this completely restored 5 unit AirBnb provides for all the modernity you'd expect with the historical features of the original Victorian design left to shine! Currently utilized as a nightly rental, this investment property consists of one 2 bed unit, 3 single bed units and an efficiency unit, which is currently bringing in close to $300k in gross receipts. Each units was painstakingly brought back to life and the property includes a spacious back yard for congregating, backyard grills, storage shed with bicycles for renter use, as well as newer plumbing, electrical, kitchens, bathrooms, and HVAC (all plumbing/electrical/HVAC replaced in 2016-2017). Property is wonderfully maintained and being sold fully furnished. The property also has 5 spots rented thru the downtown parking garage providing for additional parking and short term rental compliance. Also has an oversized third story attic that allows for storage of rental supplies! All 5 units are occupied constantly and with a proven track history of bookings on the property the sky is the limit with the potential for an increase in revenues! Contact today for your private showing. This property can also be purchased as a bundle with 15 Riberia St (see MLS #1223462) for 2.8m for both properties or purchased as it's own.
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6BEDS
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N/AACRES
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5BATHS
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01/2 BATHS
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3,960SQFT
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$499$/SQFT
School Ratings & Info
Description
Located just blocks from historic St. George St in downtown St. Augustine, this completely restored 5 unit AirBnb provides for all the modernity you'd expect with the historical features of the original Victorian design left to shine! Currently utilized as a nightly rental, this investment property consists of one 2 bed unit, 3 single bed units and an efficiency unit, which is currently bringing in close to $300k in gross receipts. Each units was painstakingly brought back to life and the property includes a spacious back yard for congregating, backyard grills, storage shed with bicycles for renter use, as well as newer plumbing, electrical, kitchens, bathrooms, and HVAC (all plumbing/electrical/HVAC replaced in 2016-2017). Property is wonderfully maintained and being sold fully furnished. The property also has 5 spots rented thru the downtown parking garage providing for additional parking and short term rental compliance. Also has an oversized third story attic that allows for storage of rental supplies! All 5 units are occupied constantly and with a proven track history of bookings on the property the sky is the limit with the potential for an increase in revenues! Contact today for your private showing. This property can also be purchased as a bundle with 15 Riberia St (see MLS #1223462) for 2.8m for both properties or purchased as it's own.
© 2023 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 97Park. Data last updated 2023-06-01T14:31:00.3.