Description
Don't miss your chance to own this Multi-family income producing property located in the heart of Jacksonville. Built in 1908, this 5 unit property has a ton of charm and character. Just minutes from downtown, stadium, and local restaurants. One additional unit was converted into a laundry/storage on first floor that has potential to be converted to a 6th unit. All 5 units are occupied with long term tenants. Cash flow is averaging $4,900/month with a cap rate of about 7%. Showings will be provided during inspection period after accepted contract. Bring all offers!
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5BEDS
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0.09ACRES
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5BATHS
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01/2 BATHS
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3,740SQFT
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$180$/SQFT
School Ratings & Info
Description
Don't miss your chance to own this Multi-family income producing property located in the heart of Jacksonville. Built in 1908, this 5 unit property has a ton of charm and character. Just minutes from downtown, stadium, and local restaurants. One additional unit was converted into a laundry/storage on first floor that has potential to be converted to a 6th unit. All 5 units are occupied with long term tenants. Cash flow is averaging $4,900/month with a cap rate of about 7%. Showings will be provided during inspection period after accepted contract. Bring all offers!
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