Property Description
Historic Quadruplex + CBD Zoning. This is not just a multi-family investment -- it's a platform. CBD zoning unlocks multiple exit and value-add strategies: Keep as residential multi-family: Stable cash-flowing quadruplex in a high-demand rental corridor ,near Spring Park and the St. Johns River. Convert to professional office or retail: CBD zoning permits commercial pivots -- law, medical, boutique retail, and more. Mixed-use redevelopment: Ground-floor commercial with residential above -- a true ''missing middle'' asset in the Historic District. Residential-style financing still available: 4-unit status qualifies for conventional mortgage terms despite commercial-grade zoning upside. The property features four 2 bed / 1 bath units (840 sq ft each) with metal roof. Laundry hookup in each unit Termite bond in place Community front porch + picnic area Vinyl siding Off-street parking for 8 4-point inspection done (3 yrs ago, no issues) Two heat/AC wall units per unit Unit 2B vacant -- new flooring & paint, ready to rent 3 units occupied, month-to-month, below market Historic District -- walkable to Spring Park & St.
720 Walnut Street | MLS# 2148996
This multi-family property located at 720 Walnut Street, Green Cove Springs, FL 32043 is currently listed for sale with an asking price of $429,500. Search Green Cove Springs real estate on www.signwithsanford.com today.