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Brian Alterman
LEGACY REALTY GROUP LLC
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🏡 Prime Investment Opportunity: Fully Renovated 8-Bedroom Multifamily Property Near Jacksonville University! 🏡 Are you on the hunt for an exceptional investment property in the fast-growing market of Jacksonville, FL? Look no further! This recently renovated 8-bedroom, 4-bath multifamily home is the perfect addition to your real estate portfolio. Located in close proximity to Jacksonville University (JU), this property offers immense potential for consistent rental income and strong returns. 🌟 Key Investment Highlights: ✅ 8 bedrooms and 4 bathrooms: With four individual 2-Bedroom / 1-Bath apartments, this property maximizes your rental income potential, ensuring a steady cash flow. ✅ Fully Renovated: mean minimal maintenance costs and immediate rental-ready status. Start earning from day one with this turn-key investment! Main Sewer plumbing was just replaced from the clean outs to the city sewer saving all future buyers almost $20,000 on a sewer replacement. Proximity to Jacksonville University: Take advantage of the inevitable expansion of JU and the strong future upside in equity. Kitchen with Granite Countertops: A modern kitchen with granite countertops, white wooden kitchen cabinets with dovetail drawers, and tile backsplash not only attracts tenants but also increases the property's overall value. New White Vinyl Fencing: Enhanced security and curb appeal with brand-new professionally installed white vinyl fencing that fully encloses the property. Ample Parking: With seven parking spaces on-site and located on a private road, you'll never worry about tenant parking issues. New Roofing & Tree Removal: Enjoy peace of mind with a newly installed roof and removal of large trees overhanging the building, reducing short and long-term maintenance costs. New AC Units: Tenant comfort and energy efficiency are prioritized with brand-new AC units. GE Stainless Steel Appliances: The addition of stainless steel appliances not only elevates the property's appeal but also enhances its durability. Updated Plumbing and Electrical: Ensure smooth operations and reduced maintenance hassles with updated plumbing and electrical systems. Photos taken before tenants moved in.
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Total Bedrooms : 8
Total Baths: 3
Full Baths: 3
Sewer: Public Sewer
Appliances : Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Tile, Vinyl
Heating: Central
Cooling: Central Air
Water Source: Public
Year Built: 1963
Stories: 2
None
Asphalt
None
Lot Description: Cul-De-Sac
Lot Size Area: 0.25 Acres
Lot Square Feet: 10,890
Stories: 1
Main Square Feet: 3,024
Property Type: Residential Income
Sub Type: Quadruplex
SQ ft (Living Area): 3,024
Subdivision: Floral Bluff Estates
MLS Area Minor: 041-Arlington
Source Neighborhood: Floral Bluff Estates
Property Age: 61
Listing Id: 1253273
List Price: $555,000
List Price Tot SqFt: $184
Listing Terms Cash, Conventional, VA Loan
Possession: Negotiable, Other
Parcel Number: 1132250100
Annual Tax: $5,384
Tax Year: 2023
Taxes: 17-95 04-2S-27E .14 FIRST ADDN TO FLORAL BLUFF ESTATES PT LOT 21 REC O/R 19934-2223
Unassigned
Separate Electric Meters, Separate Water Meters
Direction: From University North, turn Right on Merrill Rd, Left on Justina Rd, Right on Yellow Pine Ct, pass cul d sac, curve to right, 2nd blue building on right at dead end.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2820 Rogero Road, Jacksonville, FL,32277 | $374,600 | 5 | 5 | 2,620 | -- |
6026 Winding Bridge Drive, Jacksonville, FL,32277 | $380,000 | 3 | 2 | 1,604 | -- |
Townsend Boulevard, Jacksonville, FL,32277 | $345,000 | -- | -- | -- | 3.3 Acres |
University Boulevard, Jacksonville, FL,32277 | $1,975,000 | -- | -- | -- | 15.74 Acres |
8651 Fort Caroline Road, Jacksonville, FL,32277 | $1,299,000 | -- | -- | -- | 4.6 Acres |
8230 Dames Point Crossi.., Jacksonville, FL,32277 | $179,900 | 2 | 2 | 1,100 | -- |
3832 Sandy Shores Drive, Jacksonville, FL,32277 | $966,000 | 5 | 4 | 3,780 | -- |
4106 Rogero Road, Jacksonville, FL,32277 | $345,000 | 3 | 2 | 1,682 | -- |
8230 Dames Point Crossi.., Jacksonville, FL,32277 | $194,999 | 2 | 3 | 1,100 | -- |
7920 Merrill Road #1302, Jacksonville, FL,32277 | $179,999 | 3 | 2 | 1,157 | -- |
ByOwner last updated this listing 04/30/2024 @ 14:26
MLS: 1253273
LISTED BY: BRIAN ALTERMAN, LEGACY REALTY GROUP LLC
SOURCE: realMLS (Northeast Florida Multiple Listing Service)
Buyer Agency Compensation: 2.5%
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.