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1469 7TH Street W, Jacksonville, FL 32209

$79,000
Property Type: Residential Income Bedrooms: 6 Baths: 2 Square Footage: 1,728 Status: Closed
Current Price: $79,000 List Date: 8/24/2020 Last Modified: 2/02/2025

Overview

Description

Corporate Liquidation Sale. Clear title & ready to close. Two blocks to JPS Park and five blocks to UF Health Medical Center/UF College of Medicine. Lowest priced multifamily in Jacksonville. Professional management and leasing available. Unit A occupied at $600/month (market rent $750-800). Unit B vacant (market rent $750-800). Each unit features spacious 3 bed, 1 bath layout. Significant opportunity to add value with instant equity. Includes RENTAL GUARANTEE POLICY (RGP). Cost Analysis Performed as Rental Property In: Rent - $16,740.00 Out: (Annual) Property Taxes - $327.00 (Annual) Estimated Insurance - $1,644.00 (Annual) Property Management (Optional) - $1,506.60 (Annual) Estimated Utilities/Lawn/Repair/Misc. $3,540.00 Total Costs - $7,017.60 Net: $9,722.40

Listing Details MLS# 1069825

General Property Information

Number Of Units Total
2
Bedrooms Total
6
Bathrooms Total
2
Bathrooms Full
2
Living Area
1728
Living Area Source
Public Records
Year Built
1941
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
No
Stories Total
2
Stories
2
Directions
Use a Navigations System.
Public Remarks
Corporate Liquidation Sale. Clear title & ready to close. Two blocks to JPS Park and five blocks to UF Health Medical Center/UF College of Medicine. Lowest priced multifamily in Jacksonville. Professional management and leasing available. Unit A occupied at $600/month (market rent $750-800). Unit B vacant (market rent $750-800). Each unit features spacious 3 bed, 1 bath layout. Significant opportunity to add value with instant equity. Includes RENTAL GUARANTEE POLICY (RGP). Cost Analysis Performed as Rental Property In: Rent - $16,740.00 Out: (Annual) Property Taxes - $327.00 (Annual) Estimated Insurance - $1,644.00 (Annual) Property Management (Optional) - $1,506.60 (Annual) Estimated Utilities/Lawn/Repair/Misc. $3,540.00 Total Costs - $7,017.60 Net: $9,722.40
List Price/SqFt
45.72
Sold Price/SqFt
45.72
Bathrooms Half
0
Garage Spaces
0

Property Features

Cooling: Wall/Window Unit(s) Pool Features: None Possession: Negotiable Road Surface Type: Asphalt

Contract Information

Listing Contract Date
2020-08-24
Property Sub Type
Duplex

Location Tax and Legal

Street Number
1469
Street Name
7TH
Street Suffix
Street
Street Direction Suffix
W
County
Duval
State
FL
Postal Code
32209
Subdivision Name
Springfield
MLS Area Major
075-Trout River/College Park/Ribault Manor

Status Change Information

Major Change Timestamp
2020-11-06T21:55:00Z
Major Change Type
Status Change
Purchase Contract Date
2020-09-16
Close Date
2020-11-06
Close Price
79000

Historical Information

Public Historical Remarks 1
Type-Multi Units: Y, Number of Buildings: 1 Building
Public Historical Remarks 3
Type: Multi Units

More Information

Location, Tax, and Legal

Country
US
Parcel Number
0540380000

Cooling

Wall/Window Unit(s)
Yes

Pool Features

None
Yes

Possession

Negotiable
Yes

Road Surface Type

Asphalt
Yes
Listing Office: BLUE PEAK REALTY LLC
Source MLS Verified
Last Updated: February - 02 - 2025
Information deemed reliable but not guaranteed.

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