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Key Details
Sold Price $303,200
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,658 sqft
Price per Sqft $182
Subdivision Cedar Springs
MLS Listing ID 1214173
Sold Date 06/21/23
Bedrooms 5
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1944
Property Description
Investment property with 11 % Gross CAP rate on West Side! This income producing property is a cash cow and bringing in $ 34,800.00 a year gross. Looking for passive income look no further. The property is zoned CRO. All 3 units are tenant occupied with active leases in place and the potential is endless. Each unit has 1 kitchen. Unit 1 has 2 beds and 1 1/2 bath. Unit 2 has 2 beds and 1 bath. Unit 3 has 1 bed and 1 bath. Units have a common water and electric meter. Listed AS IS seller will make no repairs and CASH OFFERS ONLY. Information can be deemed reliable but not guaranteed, buyer to verify all information.
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
Exterior
Private Pool No
Building
Water Public
Others
Tax ID 0686480000
Acceptable Financing Cash
Listing Terms Cash
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Bought with WINROCK PROPERTY MANAGEMENT, LLC.
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