The Sanford Group
Property Description
Exceptional investment opportunity! This multifamily property features 6 units across 2 buildings - a converted four-plex plus a duplex - offering both cash flow potential and value-add upside.This multifamily includes:(2) 3BD/1BA(2) 2BD/1BA(1) 1BD/1BA(1) StudioCurrently, 3 units are rented generating $2,895/month, while 3 units are vacant, allowing an investor to lease at market rates and increase returns. The property is on public utilities (not separately metered) and zoned Residential Mixed.Owner's improvements include updates to electrical, plumbing, HVAC, flooring, and paint, making this a solid foundation for long-term income.Proof of funds is required prior to scheduling a walkthrough. Do not disturb current tenants. 48 hours notice preferred for showings unless seeing vacant units. No creative or seller financing will be considered.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.24 Acres
Taxes: $5,770
Year Built: 1931
Square Feet: 4,460
Feature Descriptions
Units: 6
Listed By / Shown By
Listed By
Agency Name: FLORIDA HOMES REALTY & MTG LLC
Shown By
Agent Name: The Sanford Group
Agent Phone: Cell: (904) 868-9651
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 2,321.81 per month $1,735.97 Principal & Interest $480.83 Property Tax $105.00 Homeowner's InsuranceChange Payment Information
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1778 Spires Avenue | MLS# 2110962
This multi-family property located at 1778 Spires Avenue, Jacksonville, FL 32209 is currently listed for sale with an asking price of $360,000. Search Jacksonville real estate on www.signwithsanford.com today.