Commercial For sale

5,280 Sqft - 672 CHESTNUT, JACKSONVILLE, FLORIDA 32205

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Property Description

9% CAP RATE ON CURRENT INCOME! The Chestnut St Portfolio is a tremendous opportunity for a cash flow minded investor to secure 6 rental units in surging Murray Hill. Portfolio consists of (6)units in (5)buildings on (4)contiguous lots. 100% rented with a waiting list from Agency sources. Each property has been fully renovated with many upgrades. The 5 buildings consist of: 658 Chestnut- 3/2 home. 658-2 Chestnut-1/1 Studio home. 672 Chestnut-3/2 home. 672-2&3 Chestnut- 2-story Duplex. 676 Chestnut-3/2 home. New roofs installed on 3 of the buildings in 2017. Neighborhood desirability has fueled a wave of new construction- 66 new homes in the past 10yrs. Quiet, convenient, and comfortable living. SELLER WILL HOLD FINANCING W/ 40% DOWN. WILL ALSO CONSIDER SELLING PART(S) OF THE PORTFOLIO.

Basic Details
Property Type : Commercial
Listing Type : For sale
MLS # : 907640
Price : $380,000
Bedrooms : 12
Bathrooms : 9
Half Bathrooms : 0
Square Footage : 5,280 Sqft
Year Built : 1929
Lot Area : 0 Sqft
Address Map
Country : United States
State : FLORIDA
County : DUVAL
City : JACKSONVILLE
Area : 051-MURRAY HILL
Zipcode : 32205
Street : CHESTNUT
Street Number : 672
Longitude : W82° 16' 57.2''
Latitude : N30° 19' 8.8''
MLS Addon
Timestamp : 05-01-2018 10:12:37
Status : Active
Status Change Date :
Days On Market : 182
Listing provided courtesy of : WARREN & COMPANY
Pool/Hot Tub : No Pool
Navgble to Ocean Y/N : N
Parking Facilities : No Covered Parking
Common Name of Sub : EDMONDSONS PINEDALE
Legal Name of Subdiv : EDMONDSONS PINEDALE
Region : 05-HYDE GROVE/MURRAY HILL/LAKESHORE/WESCONNETT
Commercial For sale
  • MLS # : 907640
  • Bedrooms : 12
  • Bathrooms : 9
  • Square Footage : 5,280 Sqft
$380,000
Agent info
REALTOR INI Realty Investments, INC
3603 Cardinal Point Drive. Jacksonville, FL 32257
Contact Agent
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