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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 OM671494
Sold Date 08/27/24
Bedrooms 8
HOA Fees $472/qua
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 2021
Annual Tax Amount $9,313
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. Quadraplex, with each unit featuring 2 bedrooms and 2 bathrooms, the property is thoughtfully designed with an open floor plan. Key features include a well-appointed kitchen 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.
Furthermore, 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
Zoning PUD
Interior
Interior Features Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s)
Heating Electric
Cooling Central Air
Fireplace false
Laundry Electric Dryer Hookup, Inside, Washer Hookup
Exterior
Exterior Feature Sidewalk, Sliding Doors
Community Features Sidewalks
Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Monthly Total Fees $472
Acceptable Financing Cash, Conventional, VA Loan
Membership Fee Required Required
Listing Terms Cash, Conventional, VA Loan
Num of Pet 2
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with STELLAR NON-MEMBER OFFICE