Jacksonville, FL 32254,640 DETROIT ST
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Jacksonville, FL 32254,640 DETROIT ST
Jacksonville, FL 32254,640 DETROIT ST
Jacksonville, FL 32254,640 DETROIT ST
Jacksonville, FL 32254,640 DETROIT ST

$650,000

Est. payment /mo

$724,900

10.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

640 DETROIT ST Jacksonville, FL 32254

16 Beds

8 Baths

5,408 SqFt

SOLD DATE : 09/13/2024

Key Details

Sold Price $650,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,408 sqft

Price per Sqft $120

Subdivision Woodstock Park

MLS Listing ID 2031980

Sold Date 09/13/24

Bedrooms 16

Full Baths 8

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Year Built 1960

Annual Tax Amount $9,103

Lot Size 1.010 Acres

Acres 1.01

Property Description

Woodstock Apartments is a professionally managed, income-producing 8-unit multifamily property located in the heart of Jacksonville, FL, one of Florida's most sought-after markets. Two-story concrete block construction build with eight 2bd. / 1ba. Units, all 100% occupied. The property underwent substantial renovations between 2021 and 2023. Completely remodeled units with new flooring, paint, new kitchen cabinets, appliances and countertops. Major systems have been updated.

Gross Annual Income ($85,740) / Annual Insurance ($9,000) / Annual Taxes ($9,100) / Annual Utilities ($7,200) / Annual Landscaping ($1,500)

Appraisal available upon request.

No Seller Financing.

Location

State FL

County Duval

Community Woodstock Park

Area 074-Paxon

Direction Turn left onto US-90 W / FL-10 / W Beaver St

Interior

Heating Hot Water, Varies by Unit

Cooling Wall/Window Unit(s)

Exterior

Parking Features Parking Lot

Pool None

Utilities Available Electricity Connected, Water Connected

Garage No

Private Pool No

Building

Lot Description Dead End Street

New Construction No

Others

Tax ID 057504-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by LAFAYETTE REALTY GROUP LLC
Bought with LAFAYETTE REALTY GROUP LLC

Cyndy Tomassetti

Broker Associate | License ID: BK3421081

+1(954) 980-1450

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