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Additional details

Keith Francis

keith@roundtablerealty.com +1(904) 874-2066

$ 300,000

Est. payment | -/mo

5 Beds

4 Baths

1,658 SqFt

Save

$ 300,000

Est. payment | -/mo

Save

5 Beds

4 Baths

1,658 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,658 sqft

Price per Sqft $180

Subdivision Cedar Springs

MLS Listing ID 2125747

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1944

Annual Tax Amount $5,218

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Multi Family

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

Reduction 26k from original listing price -Excellent income-producing investment Triplex opportunity zoned CRO providing flexibility for future developments. Conveniently located near downtown and the naval base.
The property features two buildings: a duplex in the front and a separate smaller unit in the rear, providing three total rental units. The property can generate over $3100 per month in gross rental income when fully occupied . Unit 1 and Unit 2 are vacant. Unit 1 is listed for rent and should be occupied soon. Unit 3 is occupied with long term tenant. Live in 1 unit and rent out the other 2 or place new tenants and increase rent for immediate revenue growth.
Recent improvements include a new roof installed in 2023, and all units are equipped with central air conditioning for tenant comfort.
Unit breakdown:
Unit 1: 2 bedrooms, 1.5 bathrooms
Unit 2: 2 bedrooms, 1 bathroom
Unit 3: 1 bedroom, 1 bathroom
Utilities are on common water and electric meters. Septic tank with new pump

Location

State FL

County Duval

Community Cedar Springs

Area 052-Lakeshore

Direction From I95 N Exit 351B, head right on the ramp for I-10 West toward Lake City, At Exit 361, head left on the ramp for FL-228 / US-17 South toward Roosevelt Blvd, Turn right onto San Juan Av

Interior

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Exterior

Parking Features Shared Driveway, Unassigned

Utilities Available Electricity Available, Water Connected

Garage No

Private Pool No

Building

Lot Description Other

Story 1

Level or Stories 1

New Construction No

Others

Senior Community No

Tax ID 0686480000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by FLORIDA HOMES REALTY & MTG LLC • CARMEN VERHOEVEN

NEARBY SCHOOLS & PROPERTIES

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1637 Racetrack Rd, Jacksonville, FL, 32259

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5238 SAN JUAN AVE Jacksonville, FL 32210