1103 Cherry St

    Jacksonville, FL 32205
    • $989,000
    • STATUS: Active
    • ON SITE: 110 days
    • MLS #: 923481
    Price Reduced
    $989,000
    • 8
      BEDS
    • N/A
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 6,096
      SQFT
    • $162
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    Description

    One of a kind investment opportunity in Riverside/Avondale! These 2 beautiful brick quadriplex buildings, 1103 & 1109 Cherry Street, are extremely well maintained, fully occupied, have brand new roofs, screens & paint. Each unit is a spacious 1 bedroom, 1 bath unit w/ beautiful hardwood floors, crown moulding, unique built-ins, vintage tile work, dining room & very spacious living room. Current rents are $800/mo but upgrades would allow for $950+! Appraisal values each building as-is at $500.000 & $1,000,000 total. Corner lot with lots of green space. 8 designated parking spaces & ample street parking. Always 100% occupied due to their pristine condition, historic charm & high-demand location near Five Points, King Street District & Shoppes of Avondale.

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    © 2018 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 Real Estate Gallery 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 2018-06-19T00:25:16.127.

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    www.exitrealestategallery.com/homes/81151134

    1103 Cherry St Jacksonville, FL 32205

    • Price: $989,000
    • Status: Active
    • MLS #: 923481
    8
    Beds
    8
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,096
    SQFT
    $162
    $/SQFT
    1940
    Built
    Neighborhood:
    New Riverside
    County:
    Duval
    Area:
    03-Riverside/Avondale/Ortega
    Property Description
    One of a kind investment opportunity in Riverside/Avondale! These 2 beautiful brick quadriplex buildings, 1103 & 1109 Cherry Street, are extremely well maintained, fully occupied, have brand new roofs, screens & paint. Each unit is a spacious 1 bedroom, 1 bath unit w/ beautiful hardwood floors, crown moulding, unique built-ins, vintage tile work, dining room & very spacious living room. Current rents are $800/mo but upgrades would allow for $950+! Appraisal values each building as-is at $500.000 & $1,000,000 total. Corner lot with lots of green space. 8 designated parking spaces & ample street parking. Always 100% occupied due to their pristine condition, historic charm & high-demand location near Five Points, King Street District & Shoppes of Avondale.
    Exterior Features

    Building Stories 2 Stories Exterior Wall Brick Lot Description Regular Lot Lot Location Historic Area Navigable To Ocean YN No Parking Facilities 1 Space P/UnitOn-Street Parking Pool No Pool Road Frontage City Street Road Surface Asphalt Road Roof Shingle Waterfront YN No

    Interior Features

    Cooling Central Cooling Heating Central Heating Interior Amenities Built-In BookshelvesWood Floors Major Appliances Range - ElectricRefrigerator Rental Includes Range/OvenRefrigerator Water Heater Electric Water Heatr

    Property Features

    Annual Mgmt Fee 0.00 Annual Operating Exp 45708.00 Annual Property Tax 9700.00 Annual Rent 76800.00 Buildings 2 Buildings Country Usa Current Zoning Rmd Documents On File Photos On File Historic Area Yes Legal Name Of Subdiv New Riverside Lot Size 50 X 125 Multifamily Type Four-PlexMulti Units Occupancy Tenant Occp Lease Occupancy Rate 100.00 One Bdrm Rentals Over $600/Month Possible Financing CashConventionalFhaVa Present Rental Terms Month To MonthYear Present Tenant Exp All ElectricSecurity Deposit Restrictions No Pets Square Foot Source Tax Roll Svcs Incl In Rent Water Unit Info Total Units 8 Unit Info1 Bedroom Units 8 Units 5 - 10 Units

    Listing courtesy of Keller Williams Realty Atlantic Partners Southside


    © 2018 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 Real Estate Gallery 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 2018-06-19T00:25:16.127.

    Digital Millennium Copyright Act
     
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