$850,001 13 BD 8 BA 6,421 SF

Property Description

Update!! **Seller will consider creative financing with a balloon in 2 years with 25% down. May consider doing no monthly PITI payments and rolling interest to the backend or do interest upfront.** One of the most unique multifamily units in the city! This 7 unit gem has a great deal of potential. There's room to add value--make your improvements, perhaps raise rent rates or even utilize the remainder of the lot to build another unit, or create parking. Units breakdown: (1) 3bd/2ba, (4) 2bd/1ba, (2) 1bd/1ba. Each unit metered separately. Each unit metered separately. All units have front & back porch w/access to courtyard in back. No W/D hookups, units have window AC units. Plumbing & electrical 90% updated. Current Cash flow $7,000/mo. Annual expenses under $1,500 (self managed).

Property Features

  •  N
  •  Tenant Occp Sbjt Lse
  •  Tax Roll
  • Exterior Features

  •  Investment Income/Apartment
  •  Regular Lot
  •  2 Stories
  •  Concrete Road
  • Interior Features

  •  Window/Wall Unit
  •  Window/Wall Unit
  • Courtesy of Florida Homes Realty & Mtg Llc

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    Alex Norkus

    (904) 280-3000
    Keller Williams Jacksonville Realty