2514 Walnut St - Apartments FOR SALE


Jacksonville, FL 32206
$500,000 USD
904-607-4090
2514 Walnut St, Jacksonville, FL for Sale
$500,000 USD
Apartments - FOR SALE
1/36
null | 6.9% Cap Rate

2514 Walnut St
Jacksonville, FL 32206


HIGHLIGHTS

  • 100% occupied!

OVERVIEW

Don't miss this positive cash-flowing, fully occupied quadraplex in Jacksonville, FL! This investment property features four HUD-qualified units, allowing for higher-than-current rental income for qualified tenants. Four 2/1 units in total, all 1000+ sqft! Each unit is under a one-year lease, ensuring stable occupancy. The property boasts a new roof installed in May 2022, all units have received work, including refinished hardwood floors in two of the units. All units come equipped with their own washer and dryer, and partially new HVAC systems have been installed. The seller has made all necessary improvements for easy, low-maintenance ownership, allowing you to sit back and enjoy monthly rent checks. Major multi-use developments in the Phoenix Arts District are happening within just a couple of blocks promising a spike in value when completed!

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$96 USD /SF

# OF UNITS

10068

PRICE/UNIT

$50

CAP RATE

6.9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

IL

APN/PARCEL ID

044867-0000

ASK ABOUT THIS PROPERTY

Joel DavisTraditions Realty LLCMore Info
904-607-4090

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Joel DavisTraditions Realty LLCMore Info
904-607-4090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.