Link Copied
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2716 sqft
Garage No
Taxes $5,997
Days Active 0
Lot Size 
Approx. Age 1979
Avg. Price Per Sqft $202
MLS® Number 2092260

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

A rare find for savvy investors, this fully renovated 4-unit property delivers nearly a 6% cap rate with stable, long-term tenants already in place. Strategically located near the Mayo Clinic, Baptist South, Memorial Hospitals, and St. Johns Town Center, this quadruplex is perfectly positioned to attract consistent tenant demand, especially from medical professionals and retail employees. Each side-by-side unit offers private, ground-level living with no upstairs neighbors, increasing tenant satisfaction and reducing vacancy. Unit 1 is a spacious 2 bed / 1 bath currently leased at $1, 278, while the remaining three 1 bed / 1 bath units are each rented at $1, 125, with room for rental rate growth. Completed in 2021, the property has undergone $90K in renovations and upgrades, including newer A/C systems in all units, offering peace of mind and minimal maintenance needs. With short-term rental potential, cap rates could increase significantly (buyer to verify short-term rental allowances). All units are vacant and ready for you to come see. This is your chance to own a cash-flowing asset in one of Jacksonville's most desirable rental corridors. Don't miss out, schedule your showing today!Show Description
MLS® Number2092260
Laundry Level
Central VacNo
FireplaceNo
Acreage0.32
Exterior
GarageNo
Approx. Age1979
Basement
DrivewayAdditional Parking, Parking Lot
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing