$222,000
$180,000
23.3%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
3,421 SqFt
SOLD DATE : 05/29/2020
Key Details
Sold Price $222,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,421 sqft
Price per Sqft $64
Subdivision Lem Turner Park
MLS Listing ID 1048742
Sold Date 05/29/20
Bedrooms 6
HOA Y/N No
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1972
Property Description
This is an incredible investment opportunity. This is a well maintained and updated 4-plex building on nearly half an acre. Unit #4 is currently vacant allowing for an owner-occupant purchaser to buy and move-in while also having immediate rental income from the other 3 units! Units 2, 3 and 4 are each one bedroom and one bathroom. Unit #1 is 3 bedrooms and 1 bathroom plus covered Patio. Current incoming rents are: Unit 1 $693, Unit 2 $625 and Unit 3 $555. Unit 4 is currently on the rental market at $690 per month. This building has shown an excellent low turnover rate. Refrigerators and range ovens in each unit belong to landlord and will convey to new owner along with $1,622 of security deposits currently held.
Location
State FL
County Duval
Community Lem Turner Park
Area 075-Trout River/College Park/Ribault Manor
Direction I95 to Lem Turner, right on Ida Street
Interior
Heating Central
Exterior
Waterfront No
Private Pool No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 0265990000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Bought with ROUND TABLE REALTY
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