Jacksonville, FL 32205,2819 OAK ST
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Jacksonville, FL 32205,2819 OAK ST
Jacksonville, FL 32205,2819 OAK ST
Jacksonville, FL 32205,2819 OAK ST
Jacksonville, FL 32205,2819 OAK ST

$910,000

Est. payment /mo

$975,000

6.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2819 OAK ST Jacksonville, FL 32205

7 Beds

5 Baths

3,624 SqFt

SOLD DATE : 05/31/2024

Key Details

Sold Price $910,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,624 sqft

Price per Sqft $251

Subdivision Lake Forest

MLS Listing ID 2018755

Sold Date 05/31/24

Bedrooms 7

Full Baths 5

HOA Y/N No

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Year Built 1956

Annual Tax Amount $13,332

Lot Size 7,405 Sqft

Acres 0.17

Property Description

Prime Investment Opportunity on Oak Street!

Welcome savvy investors to 2819 Oak Street! Your next lucrative venture awaits in the heart of Riverside. This property presents an outstanding chance to capitalize on the booming real estate market of Jacksonville while reaping the rewards of owning a strategic piece of property in a high-demand location.
Boasting a full apartment upstairs and 3 units downstairs. Upstairs unit has 4 bedrooms and 3 bathrooms. Unit 3 has 1 bedroom and 1 bathroom, Unit 2 has 1 bedroom and 1 bathroom, Unit 1 is a studio apartment. Key Investment Features:
Income Potential: With its prime location in one of Jacksonville's most sought-after neighborhoods, this property offers significant income potential through rental income or renovation for resale.

Appreciation: Benefit from the steady appreciation of properties in Riverside, a thriving area known for its historic charm, trendy atmosphere, and strong community appeal.

Versatility: Whether you're looking to add to your rental portfolio, flip for a profit, or renovate and hold for long-term growth, this property offers endless possibilities to maximize returns.

Fully turnkey and renovated: Extensive renovations have been done to the units over the past 2 years. Units are in exemplary condition and meticulously maintained.

Strong Rental Market: Tap into the robust rental market in Riverside and neighboring areas, attracting tenants seeking proximity to urban amenities, employment centers, and recreational opportunities.

Location Advantages:
Rapidly Growing Area: Positioned in one of Jacksonville's fastest-growing neighborhoods, experiencing revitalization and influx of investment, ensuring long-term growth potential.

Urban Amenities: Enjoy close proximity to eclectic dining options, trendy boutiques, entertainment venues, parks, and cultural attractions, catering to the lifestyle preferences of tenants and buyers alike.

Convenient Access: Benefit from easy access to major transportation arteries, downtown Jacksonville, major employment hubs, and top-rated schools, enhancing the property's appeal to tenants and prospective buyers.

Seize this exceptional investment opportunity and capitalize on the burgeoning real estate market of Jacksonville with 2819 Oak Street. Act fast to secure your foothold in this dynamic market - schedule a viewing today and unlock the potential of this prime property!

Location

State FL

County Duval

Community Lake Forest

Area 032-Avondale

Direction I-95 towards downtown Jacksonville, Exit on Park St. then left on Park St. to left on Stockton St. to right on Oak St. home on right

Interior

Heating Varies by Unit

Cooling Wall/Window Unit(s)

Flooring Vinyl

Furnishings Negotiable

Exterior

Parking Features Off Street, On Street

Fence Back Yard, Wood

Pool In Ground

Utilities Available Cable Available

Roof Type Shingle

Garage No

Private Pool No

Building

Lot Description Other

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

New Construction No

Others

Senior Community No

Tax ID 0783680000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by FLORIDA HOMES REALTY & MTG LLC
Bought with KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE

Jordan Gallup

Advisor | License ID: 3334633

+1(904) 760-9393

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