$649,000
- Beds
- 5
- Baths
- 3.0
- sq ft
- 2,664
817 Cedar St, Jacksonville, FL 32207
817 Cedar St
JACKSONVILLE, FL 32207
- 95 days on market
- Price drop $46,000↓
Prime Investment Opportunity in San Marco. New roof as of March 2024.
Rarely available and brimming with charm, this unique 1939 triplex is ideally situated in the heart of San Marco, just a block from the serene St. John's River and a stone's throw from Jim Rink Park. This well-maintained multi-unit property offers excellent cash flow opportunities, and it's just a couple blocks from Baptist MD Anderson, local hospitals, and the vibrant dining and nightlife of San Marco.
The property comprises two well-maintained 2-bedroom, 1-bathroom units in a duplex, both with modern finishes and appliances updated in 2020. The lower duplex unit, currently leased at $1,650/month on a month-to-month basis to a tenant that's been in the unit for over a year, offers 987 square feet of comfortable living space. The upper unit, also 987 square feet, is currently rented month-to-month to a tenant that's been in the unit for 3 years at a below-market rate of $1,295/month, offering the potential for increased rental income.
Nestled above the 3-car garage is a quaint, furnished 1-bedroom, 1-bathroom apartment, boasting 690 square feet of living space with beautifully refurbished hardwood floors. This unit is perfect for short-term rentals, currently generating $1,300/month.
All tenants have access to shared laundry facilities in the garage and a communal patio space for relaxation and entertainment.
Invest in the vibrant neighborhood of San Marco, with this property's delightful blend of history, charm, and income-generating potential. Contact us for more information or to arrange a viewing of this exceptional investment opportunity today!
Details
Property type
Single Family Residence
Lot size
4,494 sq ft
Price per sq ft
$244
Year built
1939
Annual property taxes
$9,417
Price History
06/19/2024
StellarMLS #O6191607
Price change
$649,000
-6.62%
04/03/2024
StellarMLS #O6191607
Price change
$695,000
+3.73%
04/02/2024
StellarMLS #O6191607
Listed
$670,000
Schools & Community
Neighborhood:
Southside
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
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Status: Active
Tomo last checked: 07/05/2024 at 11:10 PM
Listing updated: 06/19/2024 at 3:57 PM
Listed by: Michael Rasmussen, DAVEN REAL ESTATE INC Phone #: (407) 826-1653
MLS: StellarMLS #O6191607
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