
Description
One of the most unique multifamily units in the city! This 7 unit gem has a great deal of potential. There's room to add value--make your improvements, perhaps raise rent rates or even utilize the remainder of the lot to build another unit, or create parking. Units breakdown: (1) 3bd/2ba, (4) 2bd/1ba, (2) 1bd/1ba. Each unit metered separately. Each unit metered separately. All units have a front & back porch and access to the courtyard out back. No W/D hookups, all units have window units. Current Cash flow $7,000/mo. Annual expenses under $1,500 (self managed by owner). No pro forma or record of expenses. Pluming & electrical is 90% updated, most units having undergone light cosmetic updating. The Metal roof has some age but no issues. Sold AS-IS, Buyer to pay all closing costs.
-
13BEDS
-
N/AACRES
-
8BATHS
-
01/2 BATHS
-
6,421SQFT
-
$132$/SQFT
School Ratings & Info
Description
One of the most unique multifamily units in the city! This 7 unit gem has a great deal of potential. There's room to add value--make your improvements, perhaps raise rent rates or even utilize the remainder of the lot to build another unit, or create parking. Units breakdown: (1) 3bd/2ba, (4) 2bd/1ba, (2) 1bd/1ba. Each unit metered separately. Each unit metered separately. All units have a front & back porch and access to the courtyard out back. No W/D hookups, all units have window units. Current Cash flow $7,000/mo. Annual expenses under $1,500 (self managed by owner). No pro forma or record of expenses. Pluming & electrical is 90% updated, most units having undergone light cosmetic updating. The Metal roof has some age but no issues. Sold AS-IS, Buyer to pay all closing costs.
Related Properties
© 2023 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Chaplin Williams Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2023-06-06T18:33:47.837.
Digital Millennium Copyright Act