$325,000
$360,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
1778 SPIRES AVE Jacksonville, FL 32209
11 Beds
6 Baths
4,460 SqFt
Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,460 sqft
Price per Sqft $72
Subdivision Standish Place
MLS Listing ID 2110962
Sold Date 04/10/26
Bedrooms 11
Full Baths 6
HOA Y/N No
Year Built 1931
Annual Tax Amount $5,770
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Multi Family
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
Exceptional investment opportunity! This multifamily property features 6 units across 2 buildings - a converted four-plex plus a duplex - offering both cash flow potential and value-add upside.
This multifamily includes:
(2) 3BD/1BA
(2) 2BD/1BA
(1) 1BD/1BA
(1) Studio
Currently, 3 units are rented generating $2,895/month, while 3 units are vacant, allowing an investor to lease at market rates and increase returns. The property is on public utilities (not separately metered) and zoned Residential Mixed.
Owner's improvements include updates to electrical, plumbing, HVAC, flooring, and paint, making this a solid foundation for long-term income.
Proof of funds is required prior to scheduling a walkthrough. Do not disturb current tenants. 48 hours notice preferred for showings unless seeing vacant units. No creative or seller financing will be considered.
Location
State FL
County Duval
Community Standish Place
Area 075-Trout River/College Park/Ribault Manor
Direction From I-95, Exit Kings Rd (US-23), Turn Right on Spires Ave
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Additional Parking, Carport
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Garage No
Private Pool No
Building
Lot Description Few Trees
New Construction No
Others
Tax ID 0512600000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Bought with PROVINCE REALTY GROUP LLC