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Lillie Hernandez
Pro Member
  • Realtor
  • jacksonville, FL
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296
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NEW ON MARKET LISTING FOURPLEX FOR SELL IN JACKSONVILLE BEACH FL!

Lillie Hernandez
Pro Member
  • Realtor
  • jacksonville, FL
Posted Jan 7 2018, 11:36

Rare 4plex on desirable 1st Street in Jacksonville Beach! Located roughly 300ft from the ocean. High rental income with rents of $1800, $1800, $1200, and $1050. The front building contains 2 two bedroom one bath units that are 1,125 SF each and overlook 1st Street. They are each rented for $1,800 and have been remodeled with granite, stainless steel appliances, hardwood and tile floors, and upgrades galore. The back building contains 2 two bedroom one bath units that have been lightly remodeled with new counter tops and new cabinets. All units have private washer/dryers. Both roofs replaced in 2013. All windows have been updated. Transferable termite bonds on both buildings. Great location and excellent condition! 100% occupied with a wait-list.

Ann Property Tax$ 10,411
Ann Oper Exp$ 20,246
Ann Utilities$ 1,565
Ann Ins Exp$ 4,059
Gross Potential Annual Rent$ 70,200
Existing Rental Income$ 70,200
Offering

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