Attention Investors! Do not miss the chance to own this beautiful quadruplex located in the up-and-coming Eastside district just north of Jaguar's soon-to-be newly developed Stadium. The building contains (4) 2-bed and 1-bath apartments at approximately 875 SF each with washer and dryer hookups. The quadruplex features remodeled interiors in all (4) units. Each apartment is currently rented at $850/unit with good long-term tenants. Rental comps are at an incredible $1,000+ per unit, with a potential increase. Many investors are taking advantage of the incredible tax benefits offered in this district such as the incredibly low property tax at less than $700 per year in 2023. Don't miss your opportunity to acquire this cash-flowing investment!
647 PIPPIN Street, Jacksonville, FL, 32206
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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