Listed by The Multifamily Advisors
$650,000
Multifamily | 4 units | Jacksonville
Details
APN 091294-0000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,812
Units 4
Occupancy 100%
Tenancy Multi
Price per SqFt $171
Class B
Year Built 1917
Year Renovated 2021
Buildings 1
Stories 2
Acreage 0.140
Zoning CRO
Investment Type Value Add
Multifamily | 4 units | Jacksonville
Marketing description
Opportunity to acquire a stabilized 4-unit asset with renovated interiors and strong in-place tenants. Exterior capital improvements (roof & stairs) have been identified and priced, allowing a new owner to execute a clear value-add plan without uncertainty. Ideal for an investor seeking predictable operations with defined upside through exterior improvements and individual utility chargebacks.
Investment highlights
- Completely remodeled all unit interiors: kitchen, bathrooms, flooring, paint, etc.
- Re-piped the entire house - water and drain/sewer - all the way out to the street
- Replaced both furnaces and both AC units
- Installed two mini splits for the additional two units
- Replaced both water heaters
- Replaced all roofing shingles (roofing permit issued 2019, partial replacement; flat roof portions age unknown)
- Rewired parts of the home; all electrical work completed. The electrical panel is updated and current.
- Re-framed the rear deck
- T-111 siding; siding repairs made
- All windows have been updated (completed before the current owner; no wooden or aluminum windows are present).
Listing Contacts
Listed by The Multifamily Advisors
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