$340,000
$375,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,472 SqFt
SOLD DATE : 10/11/2023
Key Details
Sold Price $340,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,472 sqft
Price per Sqft $97
Subdivision New Springfield
MLS Listing ID 1227666
Sold Date 10/11/23
Bedrooms 8
Full Baths 4
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1940
Property Description
Attention Investors! Do not miss the chance to own this beautiful brick quadruplex located in the up-and-coming ''New Springfield'' area just north of downtown JAX. The building contains four 2 bed and 1 bath apartments at approximately 870 SF each. The quadraplex features a roof installed in 2022, four new central AC units, four new hot water heaters, and partially remodeled interiors in all four of the apartments. Each apartment is move in ready for future tenants. All four units have been vacated for convenience and rental comps are at an incredible $1,100+ per unit, with potential increase. Amazingly, this property is in one of Jacksonville's Opportunity Zones. Many investors are taking advantage of the incredible tax benefits offered. One of those included benefits is the low property tax at less than $800 per year in 2022. Don't miss your opportunity to acquire this cash-flowing investment!
Location
State FL
County Duval
Community New Springfield
Area 076-Downtown Jacksonville-Eastside
Direction From MLK take N. Main St exit head north. Make right on W 18th St make left on Silver St apartment on left.
Interior
Heating Central
Cooling Central Air
Exterior
Pool None
Waterfront No
Roof Type Shingle
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Structure Type Brick Veneer
Others
Tax ID 0443960000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with NON MLS