1504 15th St - Apartments FOR SALE


Jacksonville, FL 32209- Mid-Westside
$275,000 USD
813-404-6916
1504 15th St, Jacksonville, FL for Sale
$275,000 USD
Apartments - FOR SALE
1/7
null | 10.01% Cap Rate

1504 15th St
Jacksonville, FL 32209
Mid-Westside


HIGHLIGHTS

  • Clear Title | Ready to Close
  • 75% Leased | Vacant Unit Pending Move-In
  • Massive Upside

OVERVIEW

CORPORATE LIQUIDATION SALE. Fourplex, 3 of 4 units occupied. Professional management in place. Positioned near the I-95 corridor, the well-established Mid-Westside neighborhood features houses and condos for rent with convenient access to major city thoroughfares. Residents enjoy an easy commute to downtown Jacksonville and the St. Johns River, both less than 10 miles south. Baseball Hall of Fame members including Hank Aaron, Roy Campanella, and Satchel Paige played at historic Durkee Field in this neighborhood. Cost Analysis Performed as Rental Property In: Rent - $42,600.00 Out: (Annual) Property Taxes - $2,663.00 (Annual) Estimated Insurance - $4,508.00 (Annual) Property Management (Optional) - $3,408.00 (Annual) Estimated Utilities/Lawn/Repair/Misc. - $4,500.00 Total Costs - $15,079.00 Net: $27,521.00 Earn: Total yearly net equates to - $27,521.00 Total monthly gross equates to - $3,550.00 TOTAL MONTHLY NET EQUATES TO - $2,293.42

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$54 USD /SF

# OF UNITS

4

PRICE/UNIT

$68,750

CAP RATE

10.01%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,896 SF

ZONING

RLD-60

APN/PARCEL ID

046440-0000

ASK ABOUT THIS PROPERTY

Kurt WestfieldBlue Peak RealtyMore Info
813-404-6916

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Kurt WestfieldBlue Peak RealtyMore Info
813-404-6916

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.