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Key Details
Sold Price $825,000
Property Type Residential Income
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,766 sqft
Price per Sqft $173
Subdivision Westlake At Southside
MLS Listing ID OM671494
Bedrooms 8
HOA Fees $472/qua
Year Built 2021
Annual Tax Amount $9,313
Lot Size 5,662 Sqft
Property Description
Presenting an attractive income-generating asset, this property offers distinct advantages, making it an appealing investment opportunity for discerning investors. Unlike waiting for a new build, the property boasts a significant size, surpassing most recent constructions. Its Extra Square Footage (SG FT), coupled with a strategic location, establishes it as an optimal choice for ensuring tenant retention.
All units are currently leased, providing a steady income stream, while the low-maintenance nature of the property minimizes operational hassles. Quadraplex, with each unit featuring 2 bedrooms and 2 bathrooms, the property is thoughtfully designed with an open floor plan. Key features include a well-appointed kitchen with granite countertops and appliances, complemented by wood-look vinyl plank flooring. The inclusion of washer and dryer connections adds practicality, while a gutter package and sprinkler system contribute to reducing the owner's insurance and liability, enhancing the property's overall appeal.
Furthermore, its strategic location ensures an easy commute to I-95, catering to the travel needs of both tenants and future buyers. Additionally, the proximity to shopping facilities and amenities and being just one and a half hours away from St Augustine adds to the property's desirability. Potential buyers are required to have their Realtor accompany them for all inspections, showings, appraisals, and walk-throughs. This prudent measure ensures a comprehensive understanding of the property and its value.
In summary, this property represents a lucrative investment opportunity with a proven track record of income generation, modern amenities, and strategic location. Seize the chance to invest in your future today and capitalize on this property's stability and growth potential.
Location
State FL
County Duval
Community Westlake At Southside
Zoning PUD
Interior
Heating Electric
Cooling Central Air
Laundry Electric Dryer Hookup, Inside, Washer Hookup
Exterior
Exterior Feature Sidewalk, Sliding Doors
Community Features Sidewalks
Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Others
Monthly Total Fees $472
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE