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5838 YELLOW PINE, Jacksonville, Florida 32277 MLS 1253273For sale

5838 YELLOW PINE, Jacksonville, Florida 32277

$555,000
8 Bedrooms
3 Bathrooms
3,024 Sqft
Property Description

🏡 Prime Investment Opportunity: Fully Renovated 8-Bedroom Multifamily Property Near Jacksonville University! 🏡

Are you on the hunt for an exceptional investment property in the fast-growing market of Jacksonville, FL? Look no further! This recently renovated 8-bedroom, 4-bath multifamily home is the perfect addition to your real estate portfolio. Located in close proximity to Jacksonville University (JU), this property offers immense potential for consistent rental income and strong returns.

🌟 Key Investment Highlights:
✅ 8 bedrooms and 4 bathrooms: With four individual 2-Bedroom / 1-Bath apartments, this property maximizes your rental income potential, ensuring a steady cash flow.
✅ Fully Renovated: mean minimal maintenance costs and immediate rental-ready status. Start earning from day one with this turn-key investment!
 Main Sewer plumbing was just replaced from the clean outs to the city sewer saving all future buyers almost $20,000 on a sewer replacement.
 Proximity to Jacksonville University: Take advantage of the inevitable expansion of JU and the strong future upside in equity.
 Kitchen with Granite Countertops: A modern kitchen with granite countertops, white wooden kitchen cabinets with dovetail drawers, and tile backsplash not only attracts tenants but also increases the property’s overall value.
 New White Vinyl Fencing: Enhanced security and curb appeal with brand-new professionally installed white vinyl fencing that fully encloses the property.
 Ample Parking: With seven parking spaces on-site and located on a private road, you’ll never worry about tenant parking issues.
 New Roofing & Tree Removal: Enjoy peace of mind with a newly installed roof and removal of large trees overhanging the building, reducing short and long-term maintenance costs.
 New AC Units: Tenant comfort and energy efficiency are prioritized with brand-new AC units.  GE Stainless Steel Appliances: The addition of stainless steel appliances not only elevates the property’s appeal but also enhances its durability.
 Updated Plumbing and Electrical: Ensure smooth operations and reduced maintenance hassles with updated plumbing and electrical systems. Photos taken before tenants moved in.

Basic Details
Residential Income
Quadruplex
For sale
1253273
$555,000
8
3
0
3,024 Sqft
1963
10,890 Sqft
Features
: Central
: Central Air
Appliances
Electric Oven,Electric Range,Electric Water Heater,Refrigerator
Address Map
Country : US
State : FL
County : Duval
City : Jacksonville
Area : Floral Bluff Estates
Zipcode : 32277
YELLOW PINE
5838
Court
W82° 24' 6.4''
N30° 21' 13.4''
041-Arlington
MLS Information
12-18-2023 14:39:36
Active
04-18-2024
2
Unassigned
60410
BRIAN ALTERMAN
904-254-2766
LEGACY REALTY GROUP LLC
2.5 %
2.5
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Agent info
Mike Schwiebert, REALTOR ®
INI Realty
3603 Cardinal Point Drive. Jacksonville, FL 32257
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