1848 5th Street, Jacksonville, FL 32209

Property Description

Don't miss out on this income-producing, concrete block two-story fourplex located in the center of Jacksonville, FL, just minutes away from the approved $440M luxury riverside project by Jacksonville Jaguars owner Shahid Khan. The property currently generates a total monthly income of $3,500, with individual rents at $850, $950, $850, and $850, two of which are from long-term tenants. Significant improvements, totaling approximately $35,000, include a complete electrical system overhaul to meet the latest Jacksonville city code, major landscape overhaul with stump tree roots removal, tree foliage cut back, and yard cleanup. Additional upgrades feature new water heaters, steel-braided plumbing supply lines, new stoves and refrigerators in most units, new window screens on all windows, and extensive renovations in Unit 2 and Unit 3 including flooring and bathrooms. Routine pest control, bathroom caulking general repairs