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$ 889,000
Est. payment | /mo
5,625 SqFt
$ 889,000
Est. payment | /mo
5,625 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,625 sqft
Price per Sqft $158
Subdivision Auberts
MLS Listing ID 2172051
Year Built 1951
Annual Tax Amount $7,565
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Multi Family
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
Excellent multifamily investment opportunity in Jacksonville! Located at 821-835 Minnie Street, this property features eight residential units, each offering two bedrooms and one bathroom. The property is reported to be 100% leased, providing an established rental income stream. Units feature separate utilities, and the property is conveniently situated near Downtown Jacksonville. With a reported projected annual net income of $71,651.60, this property presents an attractive opportunity for investors seeking an income-producing asset. Buyer to verify rental income, expenses, lease terms, occupancy, and all property details. This information is deemed accurate but must be verified by the buyer and buyer's agent. This eight-unit multifamily property offers an opportunity for investors seeking an established rental asset in Jacksonville. The property consists of four concrete block duplexes on approximately 0.31 acres, with separately metered water and electricity. According to the marketing materials, the property is professionally managed and fully occupied. The advertised 2026 pro forma net operating income is $71,685, with a projected capitalization rate of 8.10%. Financial projections are not guaranteed and should be independently verified. Contact the listing agent for additional information and showing arrangements. Please do not disturb tenants.
Location
State FL
County Duval
Community Auberts
Area 074-Paxon
Direction 821 Minnie Street, Jacksonville, FL 32204
Interior
Cooling Ceiling Fan(s)
Exterior
Parking Features On Street
Private Pool No
Building
Lot Description Cleared
Others
Senior Community No
Tax ID 0757520000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by BLUE PEAK REALTY LLC • GERARDO GUTIERREZ
NEARBY SCHOOL & BUSINESS