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Key Details
Sold Price $1,082,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,112 sqft
Price per Sqft $211
Subdivision Riverside
MLS Listing ID 1256026
Sold Date 03/19/24
Bedrooms 8
Full Baths 4
HOA Y/N No
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1902
Property Description
Welcome to this truly TURNKEY 4-plex, fully updated in historic luxury at its best, and in the perfect Riverside location! It is just blocks from 5 Points, King St, and the scenic St John's River and nearby parks. Boasting 4 units over two beautiful buildings on a freshly landscaped property, this is a must see for any investor or owner occupant (take advantage of the NEW 5% down conventional loan product!) looking for a great house hack opportunity. These are high end units, including amazing chef's kitchens, and the rents speak for themselves. All 4 units are annually leased (although one can be easily vacated for owner occupant) to high quality tenants, totaling $8,970 gross rents monthly! Each unit consists of 2 bedrooms + 1 office and 1 bathroom, high ceilings throughout, as well as large covered front and back porches. Each unit has its own laundry and is separately metered for electric and gas. If insurance is a concern, worry no more! The property has updated electrical and plumbing, new hot water heaters, 2013 roofs, and ACs ranging from 2013-2023. The foundations have also been addressed and includes a transferable warranty. Each building has clean 4 point inspections, and insurance covering the entire property is just ~$4,300. Don't miss out on this incredible and rare opportunity!!
Location
State FL
County Duval
Community Riverside
Area 031-Riverside
Direction From I-95 and Riverside Ave, go south on Riverside Ave, right on Post St, property is a few blocks down on right hand side.
Interior
Heating Central
Exterior
Utilities Available Natural Gas Available
Waterfront No
Roof Type Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer,Frame,Wood Siding
New Construction No
Others
Tax ID 0911210000
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
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Bought with MOMENTUM REALTY