$650,000
$630,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
1054 WILLOW BRANCH AVE Jacksonville, FL 32205
7 Beds
6 Baths
4,296 SqFt
Key Details
Sold Price $650,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,296 sqft
Price per Sqft $151
Subdivision Riverside
MLS Listing ID 1122875
Sold Date 08/27/21
Bedrooms 7
Full Baths 6
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1928
Property Description
OPEN HOUSE WED AUG 4 3:00PM-4:30PM. PLEASE CALL IF YOU PLAN TO COME BY. 100% occupied consisting of (5) 1/1 units & (1) 2/1 in two buildings. 5 units are currently MTM. This is a tremendous opportunity for an immediate increase in income with a $0.00 renovation budget. Current MLS sold rentals in the immediate vicinity document that lease rates at this property are significantly under market by $200-$300 per unit. Jacksonville was the #10 market in the country for rental increases in June at 14.4%. Lock in cash flow at closing and grow earnings quickly with this proven long term investment.
Location
State FL
County Duval
Community Riverside
Area 032-Avondale
Direction I-95 N to Park St exit. L on Park St to R on Willow Branch Ave. Follow to corner of Willow Branch & Selma St.
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Assigned, On Street
Pool None
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Tax ID 0639130000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with SALT RUN REAL ESTATE