2806 Silver Street, Jacksonville, FL 32206

Property Description

Attention Investors! Do not miss the chance to own this beautiful brick quadruplex located in the up-and-coming ''New Springfield'' area just north of downtown JAX. The building contains four 2 bed and 1 bath apartments at approximately 870 SF each. The quadraplex features a roof installed in 2022, four new central AC units, four new hot water heaters, and partially remodeled interiors in all four of the apartments. Each apartment is move in ready for future tenants. All four units have been vacated for convenience and rental comps are at an incredible $1,100+ per unit, with potential increase. Amazingly, this property is in one of Jacksonville's Opportunity Zones. Many investors are taking advantage of the incredible tax benefits offered. One of those included benefits is the low property tax at less than $800 per year in 2022. Don't miss your opportunity to acquire this cash-flowing investment!