2514 WALNUT ST Active

Jacksonville,FL 32206

$ 500000

8 Beds

4 Baths

4476 SqFt


Key Details

Property Type Multi-Family, Condo

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,476 sqft

Price per Sqft $111

Subdivision Springfield

MLS Listing ID 2047421

Bedrooms 8

Full Baths 4

Year Built 1924

Annual Tax Amount $6,592

Lot Size 5,227 Sqft

Property Description

Don't miss this positive cash-flowing, fully occupied quadraplex in Jacksonville, FL! This investment property features four HUD-qualified units, allowing for higher-than-current rental income for qualified tenants. Four 2/1 units in total, all 1000+ sqft! Each unit is under a one-year lease, ensuring stable occupancy. The property boasts a new roof installed in May 2022, all units have received work, including refinished hardwood floors in two of the units. All units come equipped with their own washer and dryer, and partially new HVAC systems have been installed. The seller has made all necessary improvements for easy, low-maintenance ownership, allowing you to sit back and enjoy monthly rent checks. Major multi-use developments in the Phoenix Arts District are happening within just a couple of blocks promising a spike in value when completed!

Location

State FL

County Duval

Community Springfield

Area 076-Downtown Jacksonville-Eastside

Interior

Heating Central

Cooling Central Air

Exterior

Garage Off Street

Pool None

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Building

Lot Description Other

New Construction No

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

View More
Favorite Go Tour