Active Under Contract

2819 OAK Street

Jacksonville FL, 32205

$975,000


$269.04 per sqft

Active Under Contract

7 Beds

5 Baths

3,624 sqft

Multi-family

Built in 1956

Prime Investment Opportunity on Oak Street!

Welcome savvy investors to 2819 Oak Street! Your next lucrative venture awaits in the heart of Riverside. This property presents an outstanding chance to capitalize on the booming real estate market of Jacksonville while reaping the rewards of owning a strategic piece of property in a high-demand location.
Boasting a full apartment upstairs and 3 units downstairs. Upstairs unit has 4 bedrooms and 3 bathrooms. Unit 3 has 1 bedroom and 1 bathroom, Unit 2 has 1 bedroom and 1 bathroom, Unit 1 is a studio apartment. Key Investment Features:
Income Potential: With its prime location in one of Jacksonville's most sought-after neighborhoods, this property offers significant income potential through rental income or renovation for resale.

Appreciation: Benefit from the steady appreciation of properties in Riverside, a thriving area known for its historic charm, trendy atmosphere, and strong community appeal.

Versatility: Whether you're looking to add to your rental portfolio, flip for a profit, or renovate and hold for long-term growth, this property offers endless possibilities to maximize returns.

Fully turnkey and renovated: Extensive renovations have been done to the units over the past 2 years. Units are in exemplary condition and meticulously maintained.

Strong Rental Market: Tap into the robust rental market in Riverside and neighboring areas, attracting tenants seeking proximity to urban amenities, employment centers, and recreational opportunities.

Location Advantages:
Rapidly Growing Area: Positioned in one of Jacksonville's fastest-growing neighborhoods, experiencing revitalization and influx of investment, ensuring long-term growth potential.

Urban Amenities: Enjoy close proximity to eclectic dining options, trendy boutiques, entertainment venues, parks, and cultural attractions, catering to the lifestyle preferences of tenants and buyers alike.

Convenient Access: Benefit from easy access to major transportation arteries, downtown Jacksonville, major employment hubs, and top-rated schools, enhancing the property's appeal to tenants and prospective buyers.

Seize this exceptional investment opportunity and capitalize on the burgeoning real estate market of Jacksonville with 2819 Oak Street. Act fast to secure your foothold in this dynamic market - schedule a viewing today and unlock the potential of this prime property!

2018755

MLS ID

April 9, 2024

Listed

May 9, 2024

Updated

Map

2819 OAK Street
Jacksonville FL, 32205

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

5


Full Bathrooms

5


Appliances

Electric Range, Refrigerator


Floor Description

Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Varies by Unit

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Other


Roof

Shingle

Other Property Details

Area Name

032-Avondale


Garage

No


Parking

Off Street, On Street


View

No


County

Duval


Pool

Yes


Pool Features

In Ground


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/25/2024

Under Contract

Courtesy of FLORIDA HOMES REALTY & MTG LLC

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Jasmine Edge shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by NEFMLS.

©2024 Northeast Florida MLS, Inc. All rights reserved.

Data last updated 11:18 AM UTC, 5/9/2024

 

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