1936-1960 Lane Ave S - Residential Income FOR SALE


Jacksonville, FL 32210- Hyde Grove
$450,000 USD
321-689-6568
1936-1960 Lane Ave S, Jacksonville, FL for Sale
$450,000 USD
Residential Income - FOR SALE
1/12
null | 10% Cap Rate

1936-1960 Lane Ave S
Jacksonville, FL 32210
Hyde Grove


HIGHLIGHTS

  • Great Opportunity for Fix & Flip \Must See Location Lane Ave and McMullen Street Two Access
  • Fix Three home and potential earning of $1200 each $4800 per month would potentially worth $800,000 to $900,000
  • 1.2397 acres of land 54000 Sq Ft
  • CCG-1 Zoning Variety of Commercial Use Allowed Highly Motivated Seller
  • Seller held 1st Mortgage possible with buyer's credential and Good Down Payment
  • Rental Homes High Demand Area Location

OVERVIEW

Parcel 011538-0000 1936 Lane Ave South, with 150 Feet Lane Ave Frontage Access Parcel 011539-0020 6725 McMullin Street 75 Feet Front Access both parcels are adjoining parcels are included in sale Projected cap Rate is estimated based on all repairs and all four house rented https://www.youtube.com/watch?v=gEd5i8E5W4o Property at present time has four single family cocreate block structure homes . one is rented by month to month lease other three needs renovation to rent can easily rent for $1000 per month total $48,000 annual income close to 10% return CC-G1 zoning allows many commercial uses please call the listing agent for more detail list

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

R

APN/PARCEL ID

011535-0000

ASK ABOUT THIS PROPERTY

Raja PalejaMaharaja Realty llcMore Info
321-689-6568

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Raja PalejaMaharaja Realty llcMore Info
321-689-6568

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