$297,500
$350,000
15.0%For more information regarding the value of a property, please contact us for a free consultation.
3248 PHYLLIS ST Jacksonville, FL 32205
8 Beds
4 Baths
2,880 SqFt
Key Details
Sold Price $297,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $103
Subdivision Murray Hill Heights
MLS Listing ID 1091465
Sold Date 03/01/21
Bedrooms 8
Full Baths 4
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1967
Property Description
STABLE INVESTMENT WITH DEPENDABLE INCOME. Tremendous turn-key opportunity to secure two Duplexes (4 Units) in growing Murray Hill. All units are 2 Bedroom/1 Bath with recent and older renovations. This well maintained cash flowing community is 100% occupied with highly screened mixture of conventional and HUD direct deposit tenants. Current Gross Rent is $32,736. Tenants pay all utilities including water/sewer. Adjacent identical property at 3236 Phyllis also for sale MLS#1091464. Buying both properties secures you a total of 8 units in 4 duplexes. Total gross rent for all 8 units is $65,000 and priced at $695,000, a 7.4% CAP on current net income.
Location
State FL
County Duval
Community Murray Hill Heights
Area 051-Murray Hill
Direction I-10 to McDuff Ave exit. Turn S on McDuff. 2 blocks to Phyllis. R on Phyllis to subject property.
Interior
Heating Central
Cooling Central Air
Exterior
Garage Assigned
Pool None
Waterfront No
Parking Type Assigned
Private Pool No
Building
Story 1
Level or Stories 1
Others
Tax ID 0609260000
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Bought with TRADITIONS REALTY LLC