UPDATED:
10/27/2024 11:32 AM
Key Details
Property Type Multi-Family, Condo
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,716 sqft
Price per Sqft $207
Subdivision San Jose Village
MLS Listing ID 2043853
Bedrooms 5
Full Baths 4
HOA Y/N No
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1979
Annual Tax Amount $5,060
Property Description
Short-term rentals? The cap rate potential skyrockets! With $90K in renovations and upgrades completed in 2021, this 4-plex is a cash-flowing gold mine waiting for the right investor to capitalize on its potential. Don't miss out on this opportunity!
Unit 1 is a 2 bed/1 bath currently rented at $1,278 and the rest are 1 bed/1 baths rented at $1,125 with plenty of potential for raising these rates.
(Buyer to do their own due diligence on if short term rentals are allowed) Newer A/Cs in all units!! All leases are over in March of 2025 however the seller is open to seeing if any of the tenants would be open to breaking their lease early if a unit needs to be owner-occupied.
*Photos are deemed reliable but are from before tenants moved in
Location
State FL
County Duval
Community San Jose Village
Area 012-San Jose
Direction going East on Baymeadows, turn left on Old Kings Rd, turn right on San Jose manor E, property will be on left
Interior
Heating Central, Other
Cooling Central Air
Flooring Vinyl
Furnishings Unfurnished
Exterior
Garage Additional Parking
Pool None
Utilities Available Sewer Connected, Water Connected
Waterfront No
Roof Type Metal
Parking Type Additional Parking
Garage No
Private Pool No
Building
Lot Description Cleared
Story 1
Water Public
Level or Stories 1
New Construction No
Others
Tax ID 148515-0004
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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