$297,500
$350,000
15.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
2,880 SqFt
SOLD DATE : 03/01/2021
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 1091464
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 $32,616. Tenants pay all utilities including water/sewer. Adjacent identical property at 3248 Phyllis also for sale. MLS#1091465. 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
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 0609250000
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with TRADITIONS REALTY LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "