1950 Paine Avenue Unit B-7, Jacksonville, FL 32211

$120,000
3
BD
2
BA
1,039
SqFt

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Sold Price
$120,000
List Price
$125,000
Status
CLOSED
Days on Market
31
Closing Date
Feb 06, 2024
MLS#
2002187
Subtype
Residential
Year Built
1973
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,039
Lot Size
871
Acres
0.02
Subdivision
Hidden Oaks Condo
Neighborhood
041-Arlington

Property Description

INVESTORS + LANDLORDS .. you worked hard last year, you deserve to kick off 2024 with a deal that brings you REVENUE and REST! This meticulously-kept quiet Arlington condo is currently generating $1,475 per month in rental income from tenants who have a great rental record and are hoping to renew their lease! No work needed! Just 5 minutes away from Jacksonville University, 15 from downtown, & 30 to the beach/shopping areas, you will have a prime spot for students, commuters, travel workers, AND families if you choose to re-rent! Condo amenities include pool and on-site laundry. Electrical updated in 2022 and HVAC in 2023, but minor upgrades are still to be made, leaving you the opportunity to increase value and potential rental rates! As the redevelopment and regeneration of this in demand Jax corner continues, position yourself ahead of the growth and scoop this low-price opportunity while you still can. Professional pictures coming soon.

Additional Information

Amenities
Trash, Management - Off Site, Pool
Interior Features
Breakfast Bar
HOA Fee
$408
Heating
Heat Pump
Air Conditioning
Central Air
Stories
1
Parking
Assigned

Listing courtesy of COLDWELL BANKER ANABASIS REALTY.

Selling Office: .

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