$1,650,000
Jacksonville, FL 32217
MLS# 1059918
Status: Closed
32 beds | 32 baths
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Property Description
Excellent investment property with great cash flow. Property consists of 4 buildings with 4 units each. The 16 two bedroom two bathroom apartments are 100% occupied. Each unit is individually metered for water and electric. The property is located just off of San Jose Blvd. in close proximity to Epping Forest.
Details
Maps
Contract Information
Current Price: $1,650,000
Sold Price: $1,650,000
Status: Closed
Listing Contract Date: 2020-06-23
Location Tax and Legal
Street Number: 7068
Street Name: PONCE DE LEON
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32217
Subdivision Name: San Jose Forest
MLS Area Major: 012-San Jose
General Property Information
Number Of Units Total: 16
Bedrooms Total: 32
Bathrooms Total: 32
Bathrooms Full: 32
Living Area: 14800
Living Area Source: Public Records
Year Built: 1985
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: 2
Stories: 2
Directions: From University Blvd. head south on San Jose Blvd. turn left on Dupont Ave. turn right on Ponce De Leon Ave. property is on the right.
Public Remarks: Excellent investment property with great cash flow. Property consists of 4 buildings with 4 units each. The 16 two bedroom two bathroom apartments are 100% occupied. Each unit is individually metered for water and electric. The property is located just off of San Jose Blvd. in close proximity to Epping Forest.
List Price/SqFt: 141.89
Sold Price/SqFt: 111.49
Status Change Information
Major Change Timestamp: 2020-11-23T14:19:15Z
Major Change Type: Status Change
Purchase Contract Date: 2020-09-06
Close Date: 2020-11-17
Close Price: 1650000
Historical Information
Public Historical Remarks 1: Number of Units-16 - 20 Units: Y, Type-Multi Units: Y, Walk-in Closets: Y, Occupancy Rate: 100, Lot Location-Suburban: Y, Possible Financing-1031 Exchange: Y, Number of Buildings: 4+ Buildings, Structure Slab: Y
Public Historical Remarks 2: # 2 Bedroom Units: 16
Public Historical Remarks 3: Occupant Type: Occupied, Tenant Occupied
Property Features
Appliances: Dishwasher; Electric Range; Electric Water Heater; Refrigerator
Construction Materials: Frame; Shell Dash; Wood Siding
Cooling: Central Air
Heating: Central
Laundry Features: Electric Dryer Hookup; Washer Hookup
Listing Terms: Cash; Conventional
Parking Features: Parking Lot
Pool Features: None
Possession: Negotiable; Other
Road Surface Type: Asphalt
Roof: Shingle
Water Source: Private; Public
Listing Office: SAN MARCO REALTY
Last Updated: February - 01 - 2025
Information deemed reliable but not guaranteed.