Sold
Closed
3551 POST Street
Jacksonville FL, 32205
$449,000
$150.22 per sqft
Sold
Closed
4 Beds
2,989 sqft
Multi-family
Built in 1947
Discover a prime investment opportunity with this 4-UNIT property in Murray Hill, featuring three 1BR/1BA units and one 2BR/1BA unit. Unit #3 is currently being held vacant to facilitate tours. Current average rent is $948/unit. Most tenants are currently month-to-month, giving the new owner optionality upon takeover. Brand new roof (July 2024). Each unit has an off-street parking space. All utilities are separately metered and paid directly by tenants, which is a rare feature for multifamily properties in the historic districts. Your tenants will love the short 10-minute walk to the restaurants on Edgewood Ave and the quick drive to Avondale (1.9 mi), Five Points (2.1 mi), Downtown (4.8 mi) and San Marco (5.8 mi). This property provides an excellent opportunity for a variety of investor types. An owner occupant could potentially utilize Fannie Mae's 5% down program for multifamily properties and live in one unit while collecting income from the others. Alternatively, an investor could enhance revenue through furnished and short-term rentals, which are popular in the area due to local employment drivers (St Vincent's, Downtown, Brooklyn) and local points of interest (Edgewood Ave, Shoppes of Avondale, Five Points).
2044234
MLSⓇ ID
August 26, 2024
Listed
December 9, 2024
Updated
Map
3551 POST Street
Jacksonville FL, 32205
Interior Features
Bedrooms
4
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
Historic Area
Other Property Details
Area Name
051-Murray Hill
Taxes
$4,785
Tax Frequency
Annually
Days on Market
65
Garage
No
Parking
Additional Parking
View
No
County
Duval
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
12/9/2024 | Sold | $449,000 |
10/30/2024 | Pending | — |
10/11/2024 | Price change | $449,000 -7% |
9/19/2024 | Price change | $479,000 -4% |
Courtesy of SEVEN BRIDGES REALTY GROUP LLC
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Data last updated 5:40 PM UTC, 12/9/2024