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Key Details
Sold Price $485,000
Property Type Multi-Family, Condo
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,929 sqft
Price per Sqft $165
Subdivision 5 Points
MLS Listing ID 1137925
Bedrooms 5
Year Built 1922
Property Description
Wonderful investment opportunity in Riverside, one of the nations fastest growing ZIP code's for rent growth. Just three blocks from Five Points, the property is a prime rental option for those looking to be in walking distance from Publix and an array of dining and retail options. The offering consists of three one-bedroom units and one two-bedroom unit. Two of the units are occupied with long-term tenants, both of which are up for renewal and are ripe for a rental increase. The other two units are two of the units are high-preforming short term rentals with consistent bookings year-round. Rental comps are available on request and suggest $900-$1000 in monthly rent per unit, with the two-bedroom projecting much higher.
Location
State FL
County Duval
Community 5 Points
Area 031-Riverside
Interior
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Number 1
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Garage On Street
Pool None
Waterfront No
Roof Type Shingle
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick Veneer,Frame,Wood Siding
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Bought with FLORIDA HOMES REALTY & MTG LLC
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Joseph Lam
Broker Associate | License ID: 0682262
Broker Associate License ID: 0682262
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