8210 SAN JOSE MANOR DR E new Save Request In-Person Tour Request Virtual Tour
Jacksonville,FL 32217
Key Details
Property Type Multi-Family, Condo
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,716 sqft
Price per Sqft $211
Subdivision San Jose Village
MLS Listing ID 2074450
Bedrooms 5
Full Baths 4
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1979
Annual Tax Amount $5,060
Property Sub-Type Quadruplex
Property Description
Investor's Dream! 16% CAP RATE POTENTIAL FOR SHORT TERM RENTAL! See documents for overview. This fully renovated quadruplex in Jacksonville offers a 6.31% cap rate with long-term rentals, making it a solid income generator. Located in the ideal spot for tenants, it provides quick access to the Mayo Clinic, Baptist South, Memorial Hospitals, and St. Johns Town Center. Whether you're catering to medical professionals or retail employees, the demand is high. The side-by-side units, with no upstairs neighbors, enhance desirability, ensuring low vacancy rates. Short-term rentals? The cap rate potential skyrockets! With $90K in renovations and upgrades completed in 2021, this 4-plex is a cash-flowing gold mine waiting for the right investor to capitalize on its potential. Don't miss out on this opportunity! Unit 1 is a 2 bed/1 bath was recently rented at $1,278 and the rest are 1 bed/1 baths rented at $1,125 with plenty of potential for raising these rates.
Newer A/Cs in all units! 2 Bed/1 Bath unit now vacant to allow showings and perfect for the new owner to move into or continue renting out! Property also includes vacant lot next to it that could be built on. See survey and do due diligence for buildability.
Location
State FL
County Duval
Community San Jose Village
Area 012-San Jose
Direction going East on Baymeadows, turn left on Old Kings Rd, turn right on San Jose manor E, property will be on left
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Additional Parking
Utilities Available Sewer Connected,Water Connected
Garage No
Private Pool No
Building
Lot Description Cleared
New Construction No
Others
Tax ID 148515-0004
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA