$825,000
$849,800
2.9%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4,766 SqFt
SOLD DATE : 08/27/2024
Key Details
Sold Price $825,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,766 sqft
Price per Sqft $173
Subdivision Westlake At Southside
MLS Listing ID 2006697
Sold Date 08/27/24
Bedrooms 8
HOA Fees $472/qua
HOA Y/N Yes
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 2021
Annual Tax Amount $9,431
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Presenting an attractive income-generating asset, this property offers distinct advantages, making it an appealing investment opportunity for discerning investors. Unlike waiting for a new build, the property boasts a significant size, surpassing most recent constructions. Its Extra Square Footage (SG FT), coupled with a strategic location, establishes it as an optimal choice for ensuring tenant retention. All units are currently leased, providing a steady income stream, while the low-maintenance nature of the property minimizes operational hassles. This Quadraplex featured a 2 bedrooms and 2 bathroom in each unit, the property is thoughtfully designed with an open floor plan. Key features include a well appointed kitchen equipped with granite countertops and appliances, complemented by wood-look vinyl plank flooring. The inclusion of washer and dryer connections adds practicality, while a gutter package and sprinkler system contribute to reducing the owner's insurance and liability, enhancing the property's overall appeal., its strategic location ensures an easy commute to I-95, catering to the travel needs of both tenants and future buyers. Additionally, the proximity to shopping facilities and amenities and being just one and a half hours away from St Augustine adds to the property's desirability. Potential buyers are required to have their Realtor accompany them for all inspections, showings, appraisals, and walk-throughs. This prudent measure ensures a comprehensive understanding of the property and its value.
In summary, this property represents a lucrative investment opportunity with a proven track record of income generation, modern amenities, and strategic location. Seize the chance to invest in your future today and capitalize on this property's stability and growth potential.
Location
State FL
County Duval
Community Westlake At Southside
Area 024-Baymeadows/Deerwood
Direction Take 95-S Take exit 341 for FL-152 E/Baymeadows Rd. Use the left 2 lanes to turn left onto FL-152 E/Baymeadows Rd. Turn onto Western Way. Home is on your left
Interior
Heating Electric, Heat Pump
Cooling Central Air, Electric
Flooring Laminate
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Garage Parking Lot
Pool None
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Amenities Available Maintenance Grounds, Trash
Roof Type Shingle
Parking Type Parking Lot
Garage No
Private Pool No
Building
Lot Description Cleared
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction No
Others
HOA Name Westlake at Southside Owners Association Inc
HOA Fee Include Maintenance Grounds,Trash
Senior Community No
Tax ID 1492075365
Security Features Fire Sprinkler System,Smoke Detector(s)
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
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