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Melanie Escalante

[email protected] +1(904) 494-8432

$ 500,000

Est. payment -/mo

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Active Under Contract

2514 WALNUT ST Jacksonville, FL 32206

8 Beds

4 Baths

4,476 SqFt

UPDATED:

01/16/2025 03:24 PM

Key Details

Property Type Multi-Family, Condo

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,476 sqft

Price per Sqft $111

Subdivision Springfield

MLS Listing ID 2047421

Bedrooms 8

Full Baths 4

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Year Built 1924

Annual Tax Amount $6,592

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Quadruplex

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

Direction From the Main St Bridge, take Ocean St north, take a left on State St, take a right onto Main, take a left onto 8th, take a left onto Market St, take a left on 15th St, take a left on Walnut St

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Off Street

Pool None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Garage No

Private Pool No

Building

Lot Description Other

New Construction No

Others

Tax ID 0448670000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by TRADITIONS REALTY LLC

Melanie Escalante

Professional Real Estate Advisor

+1(904) 494-8432

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