1550 Morgan Street, Jacksonville, FL 32209

$377,500
8
BD
4
BA
2,776
SqFt

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Sold Price
$377,500
List Price
$365,000
Status
CLOSED
Days on Market
8
Closing Date
May 08, 2025
MLS#
2076209
Subtype
Residential Income
Year Built
1971
Bedrooms
8
Bathrooms
4
Full Baths
4
Living Area
2,776
Lot Size
6,098
Acres
0.14
Subdivision
Smiths Allotment
Neighborhood
074-Paxon

Property Description

Work is still in progress. Discover this beautifully renovated quadplex - a prime investment opportunity! Each of the four units features 2 spacious bedrooms and 1 modern bathroom, offering comfortable and stylish living. This property has undergone a complete transformation with all-new upgrades for worry-free ownership and strong rental potential. Property Highlights:. Fully Renovated - Brand new floors, fixtures, plumbing, and electrical throughout. New Roof - Peace of mind with a fresh, durable roof. New Windows - Energy-efficient windows for improved comfort and savings. New Appliances - Modern appliances to be installed in every unit. New A/C Units - Providing year-round comfort for tenants No major updates needed - just collect the rent! Expected rents between $1,000 - $1,100 per unit/month. Potential annual rental income of $52,800 - a solid return on investment! This is a fantastic opportunity to own a low-maintenance, high-yield property.

Additional Information

Air Conditioning
None
Stories
2
Levels
Two

Listing courtesy of KELLER WILLIAMS FIRST COAST REALTY.

Selling Office: .

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