7 Beds
5 Baths
3,900 SqFt
7 Beds
5 Baths
3,900 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,900 sqft
Price per Sqft $83
Subdivision Oceanway
MLS Listing ID 2042626
Bedrooms 7
Full Baths 5
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1984
Annual Tax Amount $6,458
Lot Size 1.760 Acres
Acres 1.76
Property Description
Prime investment opportunity in Jacksonville, FL! This expansive property, featuring a 2-story house and a duplex on a 1.76-acre lot, is being sold as-is at a massive discount. Seller will make zero repairs and there is no seller disclosure. The property is fully occupied, with current rental income of $3,900/month, which is below market rent. The market rent is approximately $5,100/month. The house at 302 Bernard Rd includes 2 bedrooms and 2 bathrooms, plus an additional room currently being used as a bedroom, making it functionally a 3-bedroom, 2-bathroom house. It has a gross area of 3,816 sqft and a heated area of 1,844 sqft. The duplex at 304 Bernard Rd comprises Unit 1 (3 bedrooms, 1 bathroom) and Unit 2 (2 bedrooms, 2 bathrooms), with a gross area of 2,609 sqft and a heated area of 2,056 sqft. Long-term tenants are already in place. Additional features include a large swimming pool, a serene pond, 2 detached garages, an attached garage, a storage area, and 2 private water wells, all of which add to tenant appeal and retention. If you're looking to expand your portfolio, this fully-occupied property is an excellent investment with substantial upside in a desirable area. Enjoy the convenience of being close to Jacksonville International Airport and Rivercity Market Place.
Location
State FL
County Duval
Community Oceanway
Area 092-Oceanway/Pecan Park
Direction Start by heading north on Main Street (US-17N). Turn right onto Bernard Rd for approximately 0.5 miles. The property will be on your right.
Interior
Heating Central
Cooling Central Air, Separate Meters
Exterior
Garage Additional Parking, Attached, Garage
Garage Spaces 3.0
Pool In Ground
Utilities Available Electricity Connected
Parking Type Additional Parking, Attached, Garage
Total Parking Spaces 3
Garage Yes
Private Pool No
Building
Lot Description Airport Community
New Construction No
Others
Tax ID 1081710000
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "