2819 Oak Street, Jacksonville, FL 32205

$910,000
7
BD
5
BA
3,624
SqFt

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Sold Price
$910,000
List Price
$975,000
Status
CLOSED
Days on Market
12
Closing Date
May 31, 2024
MLS#
2018755
Subtype
Residential Income
Year Built
1956
Bedrooms
7
Bathrooms
5
Full Baths
5
Living Area
3,624
Lot Size
7,405
Acres
0.17
Subdivision
Lake Forest
Neighborhood
032-Avondale

Property Description

Prime Investment Opportunity on Oak Street! Welcome savvy investors to 2819 Oak Street! Your next lucrative venture awaits in the heart of Riverside. This property presents an outstanding chance to capitalize on the booming real estate market of Jacksonville while reaping the rewards of owning a strategic piece of property in a high-demand location. Boasting a full apartment upstairs and 3 units downstairs. Upstairs unit has 4 bedrooms and 3 bathrooms. Unit 3 has 1 bedroom and 1 bathroom, Unit 2 has 1 bedroom and 1 bathroom, Unit 1 is a studio apartment. Key Investment Features: Income Potential: With its prime location in one of Jacksonville's most sought-after neighborhoods, this property offers significant income potential through rental income or renovation for resale. Appreciation: Benefit from the steady appreciation of properties in Riverside, a thriving area known for its historic charm, trendy atmosphere, and strong community appeal. Versatility: Whether you're looking to add to your rental portfolio, flip for a profit, or renovate and hold for long-term growth, this property offers endless possibilities to maximize returns. Fully turnkey and renovated: Extensive renovations have been done to the units over the past 2 years. Units are in exemplary condition and meticulously maintained. Strong Rental Market: Tap into the robust rental market in Riverside and neighboring areas, attracting tenants seeking proximity to urban amenities, employment centers, and recreational opportunities. Location Advantages: Rapidly Growing Area: Positioned in one of Jacksonville's fastest-growing neighborhoods, experiencing revitalization and influx of investment, ensuring long-term growth potential. Urban Amenities: Enjoy close proximity to eclectic dining options, trendy boutiques, entertainment venues, parks, and cultural attractions, catering to the lifestyle preferences of tenants and buyers alike. Convenient Access: Benefit from easy access to major transportation arteries, downtown Jacksonville, major employment hubs, and top-rated schools, enhancing the property's appeal to tenants and prospective buyers. Seize this exceptional investment opportunity and capitalize on the burgeoning real estate market of Jacksonville with 2819 Oak Street. Act fast to secure your foothold in this dynamic market - schedule a viewing today and unlock the potential of this prime property!

Additional Information

Heating
Varies by Unit
Air Conditioning
Wall/Window Unit(s)
Stories
2
Roof
Shingle
Pool
Yes
Pool Type
In Ground
Parking
Off Street, On Street

Listing courtesy of FLORIDA HOMES REALTY & MTG LLC.

Selling Office: .

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