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40 Cottage Ave

Jacksonville, FL 32206
  • $450,000
  • STATUS: Active Under Contract
  • ON SITE: 11 days
  • MLS #: 1114053
Under Contract
UPDATED: 49 min ago
$450,000
  • 8
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,482
    SQFT
  • $129
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

Description

[Multiple Offers: Highest & Best due by 5pm on 06-11-21] Opportunity for a Quad-Plex investment in the charming and re-developing Historic Springfield neighborhood- within walking distance to the popular restaurants, coffee shops and breweries along Main St (convenient and desirable for tenants)! This listing is a strong income producing property with four two bedroom one bath units. Convenient Off-Street parking in rear. Roof less than 10 years old, AC's updated in 2020. *Also includes a very unique opportunity for buying 2 quad's at the same time, next door (44 Cottage) -convenient for management!* (please do not disturb tenants) **Also, see MLS #1113148 **

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© 2021 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than EXIT 1 Stop Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2021-06-19T08:23:44.217.

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40 Cottage Ave Jacksonville, FL 32206

  • Price: $450,000
  • Status: Active Under Contract
  • Updated: 49 min ago
  • MLS #: 1114053
8
Beds
4
Baths
0
½ Baths
N/A
Acres
3,482
SQFT
$129
$/SQFT
1936
Built
Neighborhood:
Springfield
County:
Duval
Area:
07-Springfield/Downtown/Paxon/Trout River South
Property Description
[Multiple Offers: Highest & Best due by 5pm on 06-11-21] Opportunity for a Quad-Plex investment in the charming and re-developing Historic Springfield neighborhood- within walking distance to the popular restaurants, coffee shops and breweries along Main St (convenient and desirable for tenants)! This listing is a strong income producing property with four two bedroom one bath units. Convenient Off-Street parking in rear. Roof less than 10 years old, AC's updated in 2020. *Also includes a very unique opportunity for buying 2 quad's at the same time, next door (44 Cottage) -convenient for management!* (please do not disturb tenants) **Also, see MLS #1113148 **
Exterior Features

Building Stories 2 Stories Exterior Wall Brick Lot Description Regular Lot Lot Location DowntownUrban/City Navigable To Ocean YN No Parking Facilities Other Parking Pool No Pool Road Frontage City Street Road Surface Concrete Road Structure Brick-OtherOff Grade Waterfront YN No

Interior Features

Cooling Window/Wall Unit Heating Window/Wall Unit Major Appliances Range - ElectricRefrigerator Rental Includes Range/OvenRefrigerator Water Heater Electric Water Heatr

Property Features

Annual Lease Payment 37200.00 Annual Property Tax 5216.25 Buildings 1 Building Country Usa Grs Pot Annual Rent 38400.00 Historic Area Yes Legal Name Of Subdiv Springfield Multifamily Type Four-Plex Occupancy Tenant Occp Sbjt Lse Occupancy Rate 100.00 Possible Financing CashConventional Present Rental Terms Year Present Tenant Exp All ElectricSewerWater Square Foot Source Tax Roll Two Bedroom Rentals $701 To $800/Month$801 To $1000/Month Unit Info Total Units 4 Unit Info2 Bedroom Units 4 Units 4 Units Utilities Sep Elect Meter(S)Sep Water Meter(S)Sewer - PublicWater - Public

Listing courtesy of Exit Real Estate Gallery.


© 2021 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than EXIT 1 Stop Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2021-06-19T08:23:44.217.

Digital Millennium Copyright Act
 
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EXIT 1 Stop Realty
13529 Beach Blvd Suite 307A
Jacksonville FL, 32224