112 Martin Luther King Avenue, St. Augustine, FL 32084

$555,000
4
BD
2
BA
1,722
SqFt

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Sold Price
$555,000
List Price
$535,000
Status
CLOSED
Days on Market
32
Closing Date
Oct 27, 2023
MLS#
1247412
Subtype
Residential
Year Built
1920
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,722
Subdivision
Atwood Tract
Neighborhood
322-Downtown St Augustine

Property Description

$5,000 CREDIT TO BUYER AT CLOSING IF CLOSED ON OR BEFORE 10/31. VERY MOTIVATED SELLER. Price just reduced to sell RIGHT NOW! Dont miss out on the absolute best deal in Historic Downtown! Secure instant equity and virtually guarantee great appreciation the minute you close on this deal.. Set yourself apart by owning this unique, downtown, historical home that has been recognized by the National Registry of Historic Places for its contribtions to the rich history of Lincolnville and mentioned on the US Senate floor! This 1904, 4 bedroom 2 bathroom charmer has maintained much of its original character (heart pine floors, doors, decorative trim, stairs, clawfoot tub) and has had all other major systems replaced or upgraded since current ownership in 2014, including new roof in 2022. This home has enjoyed great long term rental history, and would be ready for new leasing or new homeowners immediately! Off street parking and enough space to create a private backyard oasis make this a rare find. Walking distance to Historical Downtown and Flagler college. This distinctive property is perfect for anyone looking to create their dream home or for the investor looking to find a great deal with a lot of upside in this red hot rental market of 7+ million annual visitors. This home is priced well below average price per sq ft for this location. This asking price reflects the current listing prices and sales comps for 2 and 3 BEDROOM homes- most of which are significantly smaller. Please check these facts for yourself on any real estate app or MLS!! Seller is motivated investor only willing to part with this great investment in order to trade up for larger property.. Don't wait on this deal!!! Home values only go UP, especially in the historic district of this tourist town. You'll thank yourself in the future after realizing great appreciation and/or immediate cash flow!!

Additional Information

Interior Features
Entrance Foyer, Primary Bathroom - Tub with Shower
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Stories
2
Roof
Shingle
Pool Type
None
Parking
On Street, Other
Elementary School
Ketterlinus
Middle School
Sebastian
High School
St. Augustine

Listing courtesy of TEAM 100 REALTY.

Selling Office: .

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