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