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Rohit Kuruvilla
FLORIDA HOMES REALTY & MTG LLC
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Prime Investment Opportunity on Oak Street! Welcome savvy investors to 2819 Oak Street! Your next lucrative venture awaits in the heart of Riverside. This property presents an outstanding chance to capitalize on the booming real estate market of Jacksonville while reaping the rewards of owning a strategic piece of property in a high-demand location. Boasting a full apartment upstairs and 3 units downstairs. Upstairs unit has 4 bedrooms and 3 bathrooms. Unit 3 has 1 bedroom and 1 bathroom, Unit 2 has 1 bedroom and 1 bathroom, Unit 1 is a studio apartment. Key Investment Features: Income Potential: With its prime location in one of Jacksonville's most sought-after neighborhoods, this property offers significant income potential through rental income or renovation for resale. Appreciation: Benefit from the steady appreciation of properties in Riverside, a thriving area known for its historic charm, trendy atmosphere, and strong community appeal. Versatility: Whether you're looking to add to your rental portfolio, flip for a profit, or renovate and hold for long-term growth, this property offers endless possibilities to maximize returns. Fully turnkey and renovated: Extensive renovations have been done to the units over the past 2 years. Units are in exemplary condition and meticulously maintained. Strong Rental Market: Tap into the robust rental market in Riverside and neighboring areas, attracting tenants seeking proximity to urban amenities, employment centers, and recreational opportunities. Location Advantages: Rapidly Growing Area: Positioned in one of Jacksonville's fastest-growing neighborhoods, experiencing revitalization and influx of investment, ensuring long-term growth potential. Urban Amenities: Enjoy close proximity to eclectic dining options, trendy boutiques, entertainment venues, parks, and cultural attractions, catering to the lifestyle preferences of tenants and buyers alike. Convenient Access: Benefit from easy access to major transportation arteries, downtown Jacksonville, major employment hubs, and top-rated schools, enhancing the property's appeal to tenants and prospective buyers. Seize this exceptional investment opportunity and capitalize on the burgeoning real estate market of Jacksonville with 2819 Oak Street. Act fast to secure your foothold in this dynamic market - schedule a viewing today and unlock the potential of this prime property!
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Total Bedrooms : 7
Total Baths: 5
Full Baths: 5
Sewer: Public Sewer
Roof : Shingle
Appliances : Electric Range, Refrigerator
Shingle
Vinyl
Heating: Varies by Unit
Cooling: Wall/Window Unit(s)
Water Source: Public
Year Built: 1956
Stories: 2
Roof: Shingle
In Ground
Asphalt
City Street
Back Yard, Wood
In Ground
Array
Lot Description: Other
Lot Size Area: 0.17 Acres
Lot Square Feet: 7,405
Stories: 2
Main Square Feet: 3,624
Property Type: Residential Income
Sub Type: Quadruplex
SQ ft (Living Area): 3,624
Subdivision: Lake Forest
MLS Area Minor: 032-Avondale
Source Neighborhood: Lake Forest
Property Age: 68
Listing Id: 2018755
List Price: $975,000
List Price Tot SqFt: $269
Listing Terms Cash, Conventional
Possession: Close Of Escrow
Parcel Number: 0783680000
Annual Tax: $13,333
Tax Year: 2023
Taxes: 2-80 42-2S-26E .162 STARKES S/D E 35FT LOT 7 W 20F
Off Street, On Street
Cable Available
Direction: I-95 towards downtown Jacksonville, Exit on Park St. then left on Park St. to left on Stockton St. to right on Oak St. home on right
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
3891 Park Street, Jacksonville, FL,32205 | $330,000 | 3 | 2 | 1,240 | -- |
1164 Randolph Street, Jacksonville, FL,32205 | $205,000 | 3 | 2 | 1,195 | -- |
2841 Post Street, Jacksonville, FL,32205 | $825,000 | 4 | 3 | 2,489 | -- |
Post Street, Jacksonville, FL,32205 | $125,000 | -- | -- | -- | 0.11 Acre |
Willow Branch Avenue, Jacksonville, FL,32205 | $99,000 | -- | -- | -- | 0.24 Acre |
1362 Lake Shore Boulevard, Jacksonville, FL,32205 | $240,000 | -- | -- | -- | 0.75 Acre |
4848 Louisa Terrace, Jacksonville, FL,32205 | $339,000 | 4 | 2 | 1,670 | -- |
2965 St Johns Avenue, Jacksonville, FL,32205 | $1,294,000 | 4 | 3 | 3,825 | -- |
6742 Grace Lane, Jacksonville, FL,32205 | $179,997 | 3 | 2 | 1,759 | -- |
2977 Fleur Lane, Jacksonville, FL,32205 | $429,900 | 3 | 3 | 1,831 | -- |
ByOwner last updated this listing 05/03/2024 @ 03:49
MLS: 2018755
LISTED BY: ROHIT KURUVILLA, FLORIDA HOMES REALTY & MTG LLC
SOURCE: realMLS (Northeast Florida Multiple Listing Service)
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in reciprocal agreements.