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Melanie Escalante

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

$ 775,000

Est. payment -/mo

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Active

136 PHELPS ST Jacksonville, FL 32206

8 Beds

4 Baths

3,464 SqFt

UPDATED:

01/27/2025 05:16 PM

Key Details

Property Type Multi-Family, Condo

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,464 sqft

Price per Sqft $223

Subdivision Springfield

MLS Listing ID 2066895

Bedrooms 8

Full Baths 4

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Year Built 1938

Annual Tax Amount $7,029

Lot Size 7,405 Sqft

Acres 0.17

Property Description

Amazing opportunity to get in early on the downtown investment boom. This amazing 4 unit property is currently being used as 4 separate residential rental units, but is zoned CRO which gives it an abundance of options. Every major component of this property was updated between 2021-2022 including a new metal roof, all new hvac units, new electric, new plumbing, new windows, a full cosmetic renovation including new kitchens and bathrooms. This property features a huge back deck overlooking the downtown skyline that was engineered to commercial building standards and constructed in 2021 and off street parking behind the building. With hundreds of millions of dollars being invested within the surrounding half mile radius of the property in then next few years and favorable zoning, this property could make a fantastic law office, residential rental building, professional office, live/work space or any other number of possibilities.

Location

State FL

County Duval

Community Springfield

Area 072-Springfield

Direction From I-95, take Main Street Bridge north, take a right on Phelps St. Property is on right. Property boarders the Springfield and Downtown neighborhoods

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Additional Parking

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View City

Garage No

Private Pool No

Building

Lot Description Historic Area

New Construction No

Others

Tax ID 0729740000

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Listed by LIGHTHOUSE PROPERTY MANAGEMENT & REALTY LLC

Melanie Escalante

Professional Real Estate Advisor

+1(904) 494-8432

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