• 5838 Yellow Pine Court Jacksonville, FL 32277

  • $555,000
  • 0
    Bed(s)
  • 0
    Baths
  • 3,024
    Sq Ft
  • 0.25
    Acre

🏡 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: Recent u updated 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.

Property Type :

Residential Income

Subdivision :

Floral Bluff Estates

County :

Duval

Style :

Residential Income

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Property Details

 

Water/Sewer

Sewer: Public Sewer

Interior Features

Appliances : Microwave, Refrigerator

Heating & Cooling

Heating: Central

Cooling: Central Air

Water Source: Public

Building Information

Year Built: 1963

Construction: Block

Pool Information

None

Pool Features

None

Lot Information

Lot Description: Other

Lot Size Area: 0.25 Acres

Lot Square Feet: 10,890

Stories: 2

Main Square Feet: 3,024

Property Information

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

Construction Materials: Array

Property Age: 61

Listing Price Information

Listing Id: 1257502

List Price: $555,000

List Price Tot SqFt: $184

Listing Terms Cash, Conventional, FHA, VA Loan

Listing Information

Possession: Negotiable

Tax Information

Parcel Number: 1132250100

Annual Tax: $5,384

Tax Year: 2023

Taxes: FLORAL BLUFF ESTATES

Utility Information

Cable Available, Electricity Available, Sewer Connected, Water Connected

Location Information

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.

ByOwner last updated this listing 04/30/2024 @ 11:07

MLS: 1257502
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.

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