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bedrooms
bedrooms
5
bathrooms
bathrooms
4
square feet
square feet
2,716
acreage
Acreage
0.0
open houses
Open Houses
-
year built
year built
1979
full baths
Full Baths
4
half baths
Half Baths
0
Investor's Dream! 16% CAP RATE POTENTIAL FOR SHORT TERM RENTAL! See documents for overview. This fully renovated quadruplex in Jacksonville offers a 6.31% cap rate with long-term rentals, making it a solid income generator. Located in the ideal spot for tenants, it provides quick access to the Mayo Clinic, Baptist South, Memorial Hospitals, and St. Johns Town Center. Whether you're catering to medical professionals or retail employees, the demand is high. The side-by-side units, with no upstairs neighbors, enhance desirability, ensuring low vacancy rates. 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 was recently rented at $1,278 and the rest are 1 bed/1 baths rented at $1,125 with plenty of potential for raising these rates. Newer A/Cs in all units! 3 of the units vacant! Unit 1 (2bed /1bath), unit 3, and unit 4. Property also includes vacant lot next to it that could be built on. See survey and do due diligence for buildability.
Location
Subdivision San Jose Village
County Duval
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 2074450
Listing agent: Riley Day
Listing broker: Eab Re Investments (904) 903-1558
Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Thursday, April 24 2025 at 3:08 p.m. EDT
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