UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,658 sqft
Price per Sqft $180
Subdivision Cedar Springs
MLS Listing ID 2125747
Bedrooms 5
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1944
Annual Tax Amount $5,218
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Multi Family
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
The property features two buildings: a duplex in the front and a separate smaller unit in the rear, providing three total rental units. The property currently generates $2,800 per month in gross rental income with long-term tenants in place, and several leases are on a month to month creating immediate opportunity for rent increases and value growth.
Recent improvements include a new roof installed in 2023, and all units are equipped with central air conditioning for tenant comfort.
Unit breakdown:
Unit 1: 2 bedrooms, 1.5 bathrooms
Unit 2: 2 bedrooms, 1 bathroom
Unit 3: 1 bedroom, 1 bathroom
Utilities are on common water and electric meters.
Location
State FL
County Duval
Community Cedar Springs
Area 052-Lakeshore
Direction From I95 N Exit 351B, head right on the ramp for I-10 West toward Lake City, At Exit 361, head left on the ramp for FL-228 / US-17 South toward Roosevelt Blvd, Turn right onto San Juan Av
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Exterior
Parking Features Shared Driveway, Unassigned
Utilities Available Electricity Available, Water Connected
Garage No
Private Pool No
Building
Lot Description Other
Story 1
Level or Stories 1
New Construction No
Others
Senior Community No
Tax ID 0686480000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
GET MORE INFORMATION