Price Reduced 9.29%

$449,000 ($150.22 per sqft)

Pending

Est. Mortgage $2,212/mo *

Quick Pre-Approval

Price History

$495,000
8/26/2024

$479,000
9/19/2024

$449,000
10/11/2024


3551 POST Street, Jacksonville, FL, 32205

3551 POST Street, Jacksonville, FL, 32205

4 beds

1947

2,989 sqft

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).


Status:

Pending

Type:

Multi-family

Units:

4

Subdivision:

Murray Hill Heights

Heating:

Central

Cooling:

Central Air

Parking:

Additional Parking

Acreage:

0.15

Est. Taxes:

$4,785

Current Use

Multi-Family, Residential

Utilities

Electricity Connected, Sewer Connected, Water Connected

Lot Description:

Historic Area

Pool:

None

MLS #:

2044234


Community Info

School Info

Walk Score

Yelp


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