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Asking Price

$ 695,000

Status

Active

817 Cedar STREET

JACKSONVILLE, FL,32207, PHILLIPS ADD TO PALM PARK

Overview

5 Bedrooms

3 Bathrooms

3 Garage

1,974 sqft

Year Built: 1939


School Nearby

Description

Prime Investment Opportunity in San Marco. New roof as of March 2024. Rarely available and brimming with charm, this unique 1939 triplex is ideally situated in the heart of San Marco, just a block from the serene St. John's River and a stone's throw from Jim Rink Park. This well-maintained multi-unit property offers excellent cash flow opportunities, and it's just a couple blocks from Baptist MD Anderson, local hospitals, and the vibrant dining and nightlife of San Marco. The property comprises two well-maintained 2-bedroom, 1-bathroom units in a duplex, both with modern finishes and appliances updated in 2020. The lower duplex unit, currently leased at $1,650/month on a month-to-month basis to a tenant that's been in the unit for over a year, offers 987 square feet of comfortable living space. The upper unit, also 987 square feet, is currently rented month-to-month to a tenant that's been in the unit for 3 years at a below-market rate of $1,295/month, offering the potential for increased rental income. Nestled above the 3-car garage is a quaint, furnished 1-bedroom, 1-bathroom apartment, boasting 690 square feet of living space with beautifully refurbished hardwood floors. This unit is perfect for short-term rentals, currently generating $1,300/month. All tenants have access to shared laundry facilities in the garage and a communal patio space for relaxation and entertainment. Invest in the vibrant neighborhood of San Marco, with this property's delightful blend of history, charm, and income-generating potential. Contact us for more information or to arrange a viewing of this exceptional investment opportunity today!


Features

Status:   Active

Beds:    5

Baths:   3

Square Footage:   1,974 Sq. Ft

HOA Fee:   -

Property Type:   Single Family Residence

MLS Number:   O6191607

Days on Market:   1

Year Built:   1939

Lot Size:  

County:   Duval

Taxes:   $9,417.00


Address

817 Cedar STREET , JACKSONVILLE ,FL

Listing provided by: DAVEN REAL ESTATE INC, 407-826-1653

Asking Price

$695,000

Status

Active

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