House for sale
$621,000 - Jacksonville FL 32204Advertisement
Overview
Discover a prime investment opportunity with this 100% occupied 4-UNIT property in Historic Riverside, featuring a desirable unit mix of three 1/1's and one 2/1. Current avg rents are substantially below market with average in-place rents of $935 per unit. There is significant potential to increase rents to market by renovating interiors with modern finishes and in-unit washer/dryers (the 2/1 has existing washer/dryer hookups). The roof was replaced in 2019. All utilities are submetered. Tenants will appreciate the off-street parking in the of the building, enhancing convenience and security. The property is within walking distance to Five Points and Riverside Park. It is also a short drive to Brooklyn, downtown, and San Marco, providing easy access to many area attractions. This property provides an excellent opportunity for a variety of investor types. An owner occupant could utilize Fannie Mae's 5% down program for multifamily properties and live in one unit while collecting income An investor could enhance revenue through furnished and short-term rentals, which are popular in the area due to local employment drivers (St Vincent's, Downtown, Brooklyn) and local points of interest (Shoppes of Avondale, Five Points).Jacksonville FL 32204
House for sale
- Price: $621,000
- Reference No.: 74394721
- Area: 3,114 sqft
House Jacksonville
This House for sale is located at Jacksonville FL 32204. The home has . This House in Jacksonville FL is for sale for $621,000 .
Disclaimer
2024-07-26, Viewed 0 times.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-07-26, Viewed 0 times.
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