311 W Ashley Street Unit 305 A&B, Jacksonville, FL 32202

$270,000
2
BD
2
BA
984
SqFt

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List Price
$270,000
Status
ACTIVE
Days on Market
67
Price Change
▲ $10,000 1783650673
MLS#
2147558
Subtype
Residential Income
Year Built
1949
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
984
Subdivision
Residences At City Place
Neighborhood
073-Downtown Jacksonville-Northbank

Property Description

DOWNTOWN JACKSONVILLE 3rd Floor Condo DUPLEX: 7.78% CAP ($21K NOI) with 2 KEYS and POTENTIAL FOR 4 KEYS TOTAL! Located in Residences at City Place, this single deeded parcel features a dual-key floor plan with 2 private units (A&B) behind 1 main entry door for true DUPLEX cash flow. This renovated, fully furnished property offers a turnkey dual-income layout optimized for STR/MTR performance. Controlling 2 doors in 1 asset mitigates vacancy risk and maximizes earnings on Airbnb, Furnished Finder, or VRBO. Situated in Downtown Jax's Gateway Jax and Pearl Square growth zone near EverBank Stadium (Go Jags!), Daily's Place, VyStar Arena, UF Health, and the Federal Courthouse. Amenities: fitness center, clubhouse, elevators, key-card entry, and laundry. Turnkey 1031 Exchange Asset. Bundle with Unit 701 A&B (MLS #2149215) to control 4 keys at an 8.22% blended proforma CAP rate. Cash only, no creative financing.

Additional Information

Amenities
Clubhouse, Elevator(s), Fitness Center, Laundry, Security, Trash, Water, Management - Off Site, Management - On Site, Management - Part Time
HOA Fee
$950
Air Conditioning
Central Air, Electric, Separate Meters
Stories
1
Levels
One

Listing courtesy of JPAR CITY AND BEACH.

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