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3 Jax Duplexes near Avondale/Riverside 1 Multifamily Properties Offered at $825,000 in Jacksonville, FL
Investment Highlights
- 100% occupied
- Next to high end neighborhoods like Avondale and Riverside
- Professionally managed
- New roof and paint
- Value add potential with rents
Executive Summary
3 fully occupied duplexes located are being offered as a portfolio for $825,000 or individually at $275,000 per duplex. The in place rents are under market providing investors with immediate value-add potential. Only 3.5 miles from Ascension St. Vincent’s Hospital and near Riverside, Avondale, Downtown Jacksonville, and EverBank Stadium.
Taxes & Operating Expenses (Pro Forma - 2027) |
Annual |
|---|---|
| Gross Rental Income |
$82,800
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$82,800
|
| Taxes |
$9,955
|
| Operating Expenses |
$12,000
|
| Total Expenses |
$21,955
|
| Net Operating Income |
$60,845
|
Taxes & Operating Expenses (Pro Forma - 2027)
| Gross Rental Income | |
|---|---|
| Annual | $82,800 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $82,800 |
| Taxes | |
|---|---|
| Annual | $9,955 |
| Operating Expenses | |
|---|---|
| Annual | $12,000 |
| Total Expenses | |
|---|---|
| Annual | $21,955 |
| Net Operating Income | |
|---|---|
| Annual | $60,845 |
Property Facts
| Price | $825,000 | Number of Properties | 3 |
| Price / SF | $540.98 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 1,525 SF |
| Status | Active | Total Land Area | 0.58 AC |
| Price | $825,000 |
| Price / SF | $540.98 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 1,525 SF |
| Total Land Area | 0.58 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5239 Plymouth St, Jacksonville, FL 32205 | Multifamily | 1,525 SF | 1985 | - |
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3 Jax Duplexes near Avondale/Riverside