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listing
1 of 23
Residential IncomeFor Sale
$562,500
8210 E San Jose Manor Drive
Jacksonville, FL 32217
Listed by: Momentum Realty, 325-733-8048
MLS: RealMLS
5Beds
4Baths
2,716Sq Ft
Est. Mortgage
$3,004/mo

Investor's Dream! This fully renovated quadruplex in Jacksonville offers a nearly 6% cap rate with long-term rentals, making it a solid income generator. Located in the ideal spot for tenants, it provides quick access to the Mayo Clinic, Baptist South, Memorial Hospitals, and St. Johns Town Center. Whether you're catering to medical professionals or retail employees, the demand is high. The side-by-side units, with no upstairs neighbors, enhance desirability, ensuring low vacancy rates. Short-term rentals? The cap rate potential skyrockets! With $90K in renovations and upgrades completed in 2021, this 4-plex is a cash-flowing gold mine waiting for the right investor to capitalize on its potential. Don't miss out on this opportunity! Unit 1 is a 2 bed/1 bath currently rented at $1,278 and the rest are 1 bed/1 baths rented at $1,125 with plenty of potential for raising these rates. (Buyer to do their own due diligence on if short term rentals are allowed) Newer A/Cs in all units!! All leases are over in March of 2025 however the seller is open to seeing if any of the tenants would be open to breaking their lease early if a unit needs to be owner-occupied. *Photos are deemed reliable but are from before tenants moved in

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Information courtesy of MOMENTUM REALTY is subject to verification and is not guaranteed. This data is up-to-date as of 11/27/2024 11:22 PM. For the most current information, contact MOMENTUM REALTY at 904-903-1558. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than MOMENTUM REALTY are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2024 Northeast Multiple Listing Service, Inc. All rights reserved.
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