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1271 W 16TH Street

Jacksonville, FL 32209
  • $264,900
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 2017761
$264,900
  • 8
    BEDS
  • 0.15
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,704
    SQFT
  • $98
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Ratings & Info

Description

INVESTOR ALERT!!! WOW!!!!!!! 2700 SF Concrete Block QUADRAPLEX!!! FOUR 2BR/1 BTH UNITS with $4000+ MONTHLY INCOME POTENTIAL being offered for LESS THAN 70K PER DOOR!!! The 2 lower units are currently rented UNDER MARKET VALUE at $700 per month, to long term Month/Month tenants. Property appears to need some standard type rehab, but should offer a TREMENDOUS OPPORTUNITY an astute investor willing to invest in the rehab/updating in order to create back end equity! As an addition to a rental portfolio, or perhaps as a BUY FIX FLIP as a TURN KEY RENTAL PROPERTY, this one has a TON OF POTENTIAL EXIT STRATEGIES!!! Corporate Seller requesting CASH or HARD MONEY ONLY. Property being sold As-Is, with Seller to make NO REPAIRS.

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© 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2024-05-20T00:41:06.143.

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1271 W 16TH Street Jacksonville, FL 32209

  • Price: $264,900
  • Status: Active
  • On Site: 46 Days
  • MLS #: 2017761
8
Beds
4
Baths
0
½ Baths
0.15
Acres
2,704
SQFT
$98
$/SQFT
1969
Built
Neighborhood:
North Side Park
County:
Duval
Area:
075-TROUT RIVER/COLLEGE PARK/RIBAULT MANOR
Property Description
INVESTOR ALERT!!! WOW!!!!!!! 2700 SF Concrete Block QUADRAPLEX!!! FOUR 2BR/1 BTH UNITS with $4000+ MONTHLY INCOME POTENTIAL being offered for LESS THAN 70K PER DOOR!!! The 2 lower units are currently rented UNDER MARKET VALUE at $700 per month, to long term Month/Month tenants. Property appears to need some standard type rehab, but should offer a TREMENDOUS OPPORTUNITY an astute investor willing to invest in the rehab/updating in order to create back end equity! As an addition to a rental portfolio, or perhaps as a BUY FIX FLIP as a TURN KEY RENTAL PROPERTY, this one has a TON OF POTENTIAL EXIT STRATEGIES!!! Corporate Seller requesting CASH or HARD MONEY ONLY. Property being sold As-Is, with Seller to make NO REPAIRS.
Exterior Features

Lot Features Other Parking Features Additional ParkingOff Street Pool Features None Waterfront YN No

Interior Features

Cooling Central Air Cooling YN Yes Fireplace Features Other Fireplace YN Yes Furnished Unfurnished Heating Central Heating YN Yes

Property Features

Association YN No Attached Garage YN No Cdd Fee YN No Current Use Multi-Family Listing Terms Cash New Construction YN No Possession Close Of EscrowNegotiableSubject To Tenant Rights Property Sub Type Quadruplex Utilities Sewer ConnectedWater Connected Zoning Multi Family

Listing courtesy of AMERICAN REAL ESTATE SOLUTIONS LLC: 904-887-5778.


© 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2024-05-20T00:41:06.143.

Digital Millennium Copyright Act
 
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Momentum Realty
12627 San Jose Blvd. 303
Jacksonville FL, 32223