3643 HERSCHEL ST Active Save Request In-Person Tour Request Virtual Tour
Jacksonville,FL 32205
Key Details
Property Type Multi-Family, Condo
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,708 sqft
Price per Sqft $242
Subdivision Riverside Heights
MLS Listing ID 2038403
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1928
Annual Tax Amount $10,371
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Rare opportunity to acquire a fully occupied Avondale 4UNIT just a short 5-minute walk from the Shoppes of Avondale entertainment district! The front building consists of two huge 2-bedroom units with large kitchens featuring islands and granite countertops, in-unit washer/dryers, well-maintained hardwood floors, and a huge walk-in closet/laundry room combo in the rear. The rear building consists of one 1-bedroom unit and a studio unit that share a washer and dryer. A driveway on Dancy street provides off-street parking options. Current gross rents (including utility reimbursements) total $6,182 and will increase to $6,241 in October.This property provides an excellent opportunity for a variety of investor types. An owner occupant could utilize Fannie Mae's 5% down program for multifamily properties and live in one unit while collecting income from the others. An investor could enhance revenue through furnished and short-term rentals.
Location
State FL
County Duval
Community Riverside Heights
Area 032-Avondale
Direction Property on north corner of Herschel and Dancy st.
Interior
Heating Central
Cooling Central Air
Exterior
Garage Additional Parking
Pool None
Utilities Available Cable Available,Electricity Connected,Water Connected
Garage No
Private Pool No
Building
Lot Description Corner Lot
New Construction No
Others
Tax ID 0918210000
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional