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Key Details
Sold Price $285,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,090 sqft
Price per Sqft $136
MLS Listing ID 1072228
Sold Date 09/09/20
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1948
Property Description
Bring your investors!! This duplex has it all! Currently comprises a 1BR/1BA Unit that has been fully renovated inside- floors, paint, plumbing, etc. Should rent for $1K per month with ample parking! Second unit comprises 3BR/1BA and has new flooring, new paint, new light fixtures, etc. Should rent for $1,500 per mo. Additional rents can be generated with RV parking/Boat storage on the side of the property - approx. $150 per mo. Rent the units out and generate approx $2,500 per mo with $150 for storage for a total of $2,650 per mo. Based on current list price this equates to a gross return of 10%!! The true value is in the land- approx. 1/2 acre and would be perfect for a warehouse/office bldg. Rent the property out and generate cash flow while finding the new commercial tenant!
Location
State FL
County Duval
Area 233-Atlantic Beach-West
Direction From Atlantic Blvd heading East, take Mayport Rd exit, take left on Levy Rd, property is on the right
Interior
Heating Central
Cooling Window Unit(s)
Exterior
Fence Chain Link, Full
Roof Type Shingle
Private Pool No
Building
Building Description Vinyl Siding, Fenced
Story 1
Sewer Septic Tank
Water Public
Level or Stories 1
Structure Type Vinyl Siding
Others
Tax ID 1723200000
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
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Bought with PRESTIGE PROPERTY GROUP LLC