2727 Oak Street, Jacksonville, FL 32205

Property Description

This multi-unit property was originally designed with the main home upstairs, and two apartments were later added downstairs. Live in one, rent out the rest, or rent out the whole thing. Have your tenants helping to pay down the mortgage. This building also qualifies for the FHA 5% down loan. No work needed, entire building has been updated - kitchens, baths, plumbing, electrical, AC - and comes with BRAND NEW ROOF. No wood framing here, it is a SOLID brick and block building. Huge 3 bedroom, 2 bathroom top floor unit that lives like a home with its own grand entrance porch, large enough to entertain on and watch the world go by. Upon entering, the entire space is light filled with high ceilings, tall windows, and 8' front door. Historic details remain, like refinished hardwood floors, wood burning fireplace, built-in bookcases, moldings, and walk up attic. The large living and dining rooms are open to each other for good traffic flow. The kitchen was updated in 2022, new tall Shaker cabinets, new appliances, tile backsplash and flooring. The first bedroom opens on to the screened porch with two sets of original french doors. This bedroom has a door to the hall bath with shower. The second bedroom has a full private bath with tub and marble topped vanity. The third bedroom is smaller and makes for the perfect office, den, nursery or occasional guest room. A center hall area has a washer and dryer. On the first floor, two 1 bedroom, 1 bath apartments come beautifully furnished and updated. One unit is approximately 750 sq feet and the other, approximately 650 sq feet. They each have a private access door to a common utility room that houses the washer and dryer. A herringbone paver driveway provides coveted off street parking for all units. Large storage room could be source of additional income. Excellent, High Demand Location, Quiet street, 2 blocks to Shops, Restaurants, River and Hospital. All units have been 100% occupied for over 18 months. The potential rent for the two one bedroom apartments is $1800 to 1900 each. One 1 bedroom unit is occupied by a month to month tenant, the other 1/1 is available for showings. The upstairs 3/2 unit is occupied by a tenant until 8/31/24. Schedule your appointment today! Please DO NOT walk property without a confirmed appointment scheduled in advance.