$390,000
$379,900
2.7%For more information regarding the value of a property, please contact us for a free consultation.
2,700 SqFt
SOLD DATE : 12/09/2024
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $144
Subdivision College Park
MLS Listing ID 2028282
Sold Date 12/09/24
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1967
Annual Tax Amount $4,097
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Don't miss out on this income-producing, concrete block two-story fourplex located in the center of Jacksonville, FL, just minutes away from the approved $440M luxury riverside project by Jacksonville Jaguars owner Shahid Khan. The property currently generates a total monthly income of $3,500, with individual rents at $850, $950, $850, and $850, two of which are from long-term tenants. Significant improvements, totaling approximately $35,000, include a complete electrical system overhaul to meet the latest Jacksonville city code, major landscape overhaul with stump tree roots removal, tree foliage cut back, and yard cleanup. Additional upgrades feature new water heaters, steel-braided plumbing supply lines, new stoves and refrigerators in most units, new window screens on all windows, and extensive renovations in Unit 2 and Unit 3 including flooring and bathrooms. Routine pest control, bathroom caulking general repairs
Location
State FL
County Duval
Community College Park
Area 074-Paxon
Direction From Myrtle Ave N Left on W 13 ST Right on Fairfax St Left on W 13 St
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Additional Parking
Pool None
Utilities Available Electricity Connected, Sewer Connected
Garage No
Private Pool No
Building
Lot Description Other
New Construction No
Others
Tax ID 0507970010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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derek.ratliff@riserealtyadvisors.com
10752 Deerwood Park Blvd South Waterview II, Suite 100 , JACKSONVILLE, Florida, 32256, USA