$649,000
$695,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
5 Baths
3,610 SqFt
SOLD DATE : 08/13/2024
Key Details
Sold Price $649,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,610 sqft
Price per Sqft $179
Subdivision Schumachers
MLS Listing ID 2021078
Sold Date 08/13/24
Bedrooms 9
Full Baths 5
HOA Y/N No
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1940
Annual Tax Amount $6,528
Lot Size 0.510 Acres
Acres 0.51
Property Description
Discover a remarkable investment prospect with this multifamily property, boasting a robust $5,325 in monthly rental income! Each of the nine bedrooms and five bathrooms across the expansive living space of over 3,600 square feet is currently leased under binding agreements, ensuring immediate cash flow.
Opt to reside in one unit while leasing the others, or reconfigure the layout to maximize rental unit availability. Additional features include a generous carport, ample parking, a separate outbuilding with utilities that could serve as yet another income source, and a sprawling 0.51-acre lot.
Located in St. Nicholas just off Atlantic Blvd, the property enjoys proximity to downtown, I-95, San Marco, and is a straightforward drive to the beaches. This investment gem offers a rare blend of steady income and potential growth. Act now to capitalize on this unique opportunity!
Location
State FL
County Duval
Community Schumachers
Area 021-St Nicholas Area
Direction From I-95, go East on Beach Blvd. Turn Right onto Schumacher Ave. Listing on the Right.
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen
Heating Central
Cooling Central Air
Flooring Tile, Vinyl, Wood
Exterior
Garage Carport, Other
Carport Spaces 2
Pool None
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront No
Roof Type Shingle
Porch Covered, Deck, Front Porch
Parking Type Carport, Other
Garage No
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 1255440000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Bought with KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
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