bedrooms
5
bathrooms
4
square feet
2,716
Acreage
0.0
Open Houses
-
year built
1979
Full Baths
4
Half Baths
0
Investor's Dream! This fully renovated quadruplex in Jacksonville offers a nearly 6% cap rate with long-term rentals, making it a solid income generator. Located in the ideal spot for tenants, it provides quick access to the Mayo Clinic, Baptist South, Memorial Hospitals, and St. Johns Town Center. Whether you're catering to medical professionals or retail employees, the demand is high. The side-by-side units, with no upstairs neighbors, enhance desirability, ensuring low vacancy rates.
Short-term rentals? The cap rate potential skyrockets! With $90K in renovations and upgrades completed in 2021, this 4-plex is a cash-flowing gold mine waiting for the right investor to capitalize on its potential. Don't miss out on this opportunity!
Unit 1 is a 2 bed/1 bath currently rented at $1,278 and the rest are 1 bed/1 baths rented at $1,125 with plenty of potential for raising these rates.
(Buyer to do their own due diligence on if short term rentals are allowed) Newer A/Cs in all units!! All leases are over in March of 2025 however the seller is open to seeing if any of the tenants would be open to breaking their lease early if a unit needs to be owner-occupied.
*Photos are deemed reliable but are from before tenants moved in
Location | |
Subdivision | San Jose Village |
County | Duval |
Elementary School | - |
Middle School | - |
High School | - |
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 2043853
Listing agent:
Stephani Barnes
Listing broker:
Eab Re Investments
(904) 903-1558
Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, January 10 2025 at 9:32 p.m. EST
Kotohomes National