$165,000
$169,900
2.9%For more information regarding the value of a property, please contact us for a free consultation.
239 16TH E ST Jacksonville, FL 32206
8 Beds
4 Baths
2,762 SqFt
Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,762 sqft
Price per Sqft $59
Subdivision Springfield
MLS Listing ID 1015789
Sold Date 10/11/19
Bedrooms 8
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1961
Lot Dimensions 5014
Property Description
This is a GREAT concrete block FOURPLEX that is located in the Jacksonville Opportunity Zone. The roof was replaced in 2017, all electrical panels have been updated along with a fresh coat of exterior paint. Each of the four units is a 2 bedroom 1 bath and should rent for between $750-$850/mo once completed for a total of monthly income of $3,000-$3,400/mo under one roof! The four plex next door is currently being renovated, and this one is ready for you to finish it up and start collecting investment income. As part of the Opportunity Zone, this building is a perfect shelter to avoid SALT Tax limits/restrictions in NY, NJ, CT, CA. (refer to documents attached for more info), and would allow you to ultimately avoid capital gains taxes if you meet the requirements of the program.
Location
State FL
County Duval
Community Springfield
Area 076-Downtown Jacksonville-Eastside
Direction 95 S, Exit on 8th st W, then left on N Liberty st and Left on E 16th st, building is on your right.
Interior
Heating None
Exterior
Garage Assigned, On Street, Unassigned
Garage Spaces 4.0
Pool None
Waterfront No
Roof Type Shingle
Parking Type Assigned, On Street, Unassigned
Total Parking Spaces 4
Private Pool No
Building
Story 2
Level or Stories 2
Structure Type Concrete
Others
Tax ID 0447820000
Acceptable Financing Cash, FHA
Listing Terms Cash, FHA
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Bought with BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY