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1271 W 16TH ST Jacksonville, FL 32209
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Key Details
Sold Price $204,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,704 sqft
Price per Sqft $75
Subdivision North Side Park
MLS Listing ID 2017761
Sold Date 08/20/24
Bedrooms 8
Full Baths 4
HOA Y/N No
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1969
Annual Tax Amount $3,314
Lot Size 6,534 Sqft
Acres 0.15
Property Description
HUGE PRICE REDUCTION!!! MOTIVATED SELLER SAYS ''SELL!!!'' INVESTOR ALERT!!! WOW!!!!!!! 2700 SF Concrete Block QUADRAPLEX!!! FOUR 2BR/1 BTH UNITS with $4000+ MONTHLY INCOME POTENTIAL being offered for 57K PER DOOR!!! The 2 lower units are currently rented UNDER MARKET VALUE at $700 per month, to long term Month/Month tenants. Property appears to need some standard type rehab, but should offer a TREMENDOUS OPPORTUNITY an astute investor willing to invest in the rehab/updating in order to create back end equity! As an addition to a rental portfolio, or perhaps as a BUY FIX FLIP as a TURN KEY RENTAL PROPERTY, this one has a TON OF POTENTIAL EXIT STRATEGIES!!! Corporate Seller requesting CASH or HARD MONEY ONLY. Property being sold As-Is, with Seller to make NO REPAIRS.
Location
State FL
County Duval
Community North Side Park
Area 075-Trout River/College Park/Ribault Manor
Direction 95N to right on North 21st Expressway, left on Myrtle, left on 16h Street. Property is on the left
Interior
Heating Central
Cooling Central Air
Fireplaces Type Other
Furnishings Unfurnished
Fireplace Yes
Exterior
Garage Additional Parking, Off Street
Pool None
Utilities Available Sewer Connected, Water Connected
Waterfront No
Garage No
Private Pool No
Building
Lot Description Other
Story 2
Level or Stories 2
New Construction No
Others
Tax ID 0456990000
Acceptable Financing Cash
Listing Terms Cash
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Bought with AMERICAN REAL ESTATE SOLUTIONS LLC