$1,988,000 12 BD 5 BA

Property Description

'17 Craftsman Restoration @ 5240+ sqft, 800+ sqft grand commons, twin four-panel glass doors, sweet '99 granite & cherry kitchen, bedrooms @ 150-200+ sqft, jetted bath & sauna, 18th NE Landmark wide bracket soffits - really fun! 1917: Exemplary Craftsman. 1999: Labor of love renovation & new systems, all soft colors w/ the latest comforts... 2000-2012: Seller's private res. 2013: carefully remodeled now for high occupancy income @ high demand location. All leased till Aug 2024 @ $12,150/m - turn key 6.2 Cap. Clear upside in *existing extra rooms* - $14,560/m market rents for 7.0 Cap. Seller Terms @ 5.875% Int Only for 10 Years. Zero vacancy & util cost 8 yrs, data avail. Floor plans, 2023 pro inspections, cash flow cap rate info avail.
Courtesy of Windermere Real Estate Co.

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Alex Norkus

(904) 280-3000
Keller Williams Jacksonville Realty