**MULTIPLE OFFERS - HIGHEST AND BEST DUE THURSDAY (1/11/2024) at 5:00 PM** Welcome to a rare investment gem located in fast-growing and desirable Jacksonville Beach, Florida. 1031 EXCHANGE WELCOME with QI already in place. TENANTS RESPONSIBLE FOR LAWN CARE! This spacious and well-maintained duplex presents an exceptional opportunity to maximize your returns with a projected 4% OVERALL PROFORMA CAPITALIZATION RATE calculated at market rent and current asking price! OTHER INCOME AVAILABLE (W/Ds)! Currently cash flowing a total monthly gross rental income of $2,575 ($30,900 annum), thanks to two reliable tenants under one-year attorney-drawn lease agreements. WASHERs/DRYERs convey BOTH UNITS! Rents currently below market value due to the owner's philanthropic approach, providing significant room to increase rents and enhance your cash flow.
Closed
Zillow last checked:
Listing updated:
Bought with:
KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
Source: realMLS,MLS#: 2002297
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2024 | Sold | $456,000+1.3%$373/sqft |
Source:  realMLS #2002297 Report a problem | ||
| 1/12/2024 | Listed for sale | $450,000$368/sqft |
Source: realMLS #1255708 Report a problem | ||
| 1/12/2024 | Pending sale | $450,000$368/sqft |
Source: realMLS #2002297 Report a problem | ||
| 1/4/2024 | Price change | $450,000-10%$368/sqft |
Source: realMLS #1255708 Report a problem | ||
| 11/3/2023 | Listed for sale | $500,000$409/sqft |
Source: realMLS #1255708 Report a problem | ||
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Estimated market value
$506,900
