1271 W 16th Street, Jacksonville, FL 32209

$204,000
8
BD
4
BA
2,704
SqFt

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Sold Price
$204,000
List Price
$229,000
Status
CLOSED
Days on Market
69
Closing Date
Aug 20, 2024
MLS#
2017761
Subtype
Residential Income
Year Built
1969
Bedrooms
8
Bathrooms
4
Full Baths
4
Living Area
2,704
Lot Size
6,534
Acres
0.15
Subdivision
North Side Park
Neighborhood
075-Trout River/College Park/Ribault Manor

Property Description

HUGE PRICE REDUCTION!!! MOTIVATED SELLER SAYS ''SELL!!!'' INVESTOR ALERT!!! WOW!!!!!!! 2700 SF Concrete Block QUADRAPLEX!!! FOUR 2BR/1 BTH UNITS with $4000+ MONTHLY INCOME POTENTIAL being offered for 57K 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.

Additional Information

Heating
Central
Air Conditioning
Central Air
Stories
1
Pool Type
None
Parking
Additional Parking, Off Street

Listing courtesy of AMERICAN REAL ESTATE SOLUTIONS LLC.

Selling Office: .

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