Listed by JPAR City & Beach
$270,000
311 W ASHLEY Street 701 A&B
Details
APN 0739030170
Property Type Multifamily, Land
Sub Type Apartment Building, Residential
Square Footage 187,700
Units 2
Year Built 1949
Buildings 1
Multifamily | 2 Units
Marketing description
Duplex 2 of 2 of portfolio: Incredible investment or house-hacking opportunity in Downtown Jacksonville! This unique dual-key condo configuration is perfect to live in one side while a tenant covers costs, or an investor maximizing yields via STR, MTR, or LTR near the massive Gateway Jax project. Can be purchased with Duplex 1 (Units 305 A&B - two 1/1s). Behind a single secure entry, the property splits into two turnkey units with independent keyless entries. Unit A is a 1BR/1BA with a bright living space, city views, and renovated kitchenette. Unit B is a studio suite with an updated kitchenette and built-in closet storage. Unit A is a proven LTR @ $1350/mth; Unit B offers immediate value-add. Perfect flexibility for Airbnb or Furnished Finder in a prime neighborhood for traveling nurses. Proforma cap rate is 7.88%. Enjoy secure mid-rise living with a gym and laundry. Minutes to UF Health, Baptist Medical Center, and Duval County Courthouse. Cash only. Duplex 1 is Unit 305 A&B.
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Listed by JPAR City & Beach
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