3551 POST ST Pending Save Request In-Person Tour Request Virtual Tour
Jacksonville,FL 32205
Key Details
Property Type Multi-Family, Condo
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,989 sqft
Price per Sqft $150
Subdivision Murray Hill Heights
MLS Listing ID 2044234
Bedrooms 4
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1947
Annual Tax Amount $4,785
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Discover a prime investment opportunity with this 4-UNIT property in Murray Hill, featuring three 1BR/1BA units and one 2BR/1BA unit. Unit #3 is currently being held vacant to facilitate tours. Current average rent is $948/unit. Most tenants are currently month-to-month, giving the new owner optionality upon takeover. Brand new roof (July 2024). Each unit has an off-street parking space. All utilities are separately metered and paid directly by tenants, which is a rare feature for multifamily properties in the historic districts. Your tenants will love the short 10-minute walk to the restaurants on Edgewood Ave and the quick drive to Avondale (1.9 mi), Five Points (2.1 mi), Downtown (4.8 mi) and San Marco (5.8 mi). This property provides an excellent opportunity for a variety of investor types. An owner occupant could potentially utilize Fannie Mae's 5% down program for multifamily properties and live in one unit while collecting income from the others. Alternatively, an investor could enhance revenue through furnished and short-term rentals, which are popular in the area due to local employment drivers (St Vincent's, Downtown, Brooklyn) and local points of interest (Edgewood Ave, Shoppes of Avondale, Five Points).
Location
State FL
County Duval
Community Murray Hill Heights
Area 051-Murray Hill
Direction North side of Post St. West of railroad tracks.
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Additional Parking
Pool None
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Garage No
Private Pool No
Building
Lot Description Historic Area
New Construction No
Others
Tax ID 0613280000
Acceptable Financing Conventional
Listing Terms Conventional