$485,000
$495,900
2.2%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
3,686 SqFt
SOLD DATE : 09/25/2024
Key Details
Sold Price $485,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,686 sqft
Price per Sqft $131
Subdivision Cedar Bend
MLS Listing ID 2042863
Sold Date 09/25/24
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N No
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1983
Annual Tax Amount $5,045
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 110x107
Property Description
MULTIPLE OFFERS HAVE BEEN RECEIVED. SELLER WILL BE GOING OVER THEM BY 8/23/2024 EVENING.
WELCOME TO THIS WELL MAINTAINED 8/6 QUADRUPLEX. OWNER MAINTAINS W PERSONAL TOUCHES. NO SLUMP LORD HERE. A GREAT INVESTMENT. THIS CASH PRODUCING PROPERTY SITS IN THE HEART OF CONVENIENCE. 3 UNITS ARE RENTED. ONE GROUND FLR UNIT IS VACANT FOR SHOWING , IT IS THE WORSE LOOKING OFF THE FOUR. THE NEW OWNER COULD LIVE HERE AND COLLECT RENT ON THE 3. UNIT B RENTS FOR 1275, UNIT C IS RENTS FOR 1325 AND UNIT D HAS JUST RENEWED AT 1350. POTENTIAL INCOME COULD BE AS MUCH AS $5300 MONTHLY. BASIC EXPENSE IS ABOUT $10,000 A YR. SELLER OFFERS UPTO $550 FOR HW AT BUYER'S CHOICE. ROOF IS 3 YR OLD, ONE UNIT HAS UPDATED AIR HANDLER. ONE WATER HEATER IS NEW. EVERYTHING WORKS AS IT SHOULD. 3 KITCHENS HAVE UPDATED CABINETS AND COUNTERTOP. TWO ASSIGNED PARKING SPACES/UNIT. THE PARKING LOT WAS JUST REPAVED A FEW YEARS AGO. BUYER AGENT IS ENCOURAGED TO TOUR THE PROPERTY W THE BUYER. BUYER TO DO ALL DUE DILIGENCE.
Location
State FL
County Clay
Community Cedar Bend
Area 131-Meadowbrook/Loch Rane
Direction FRM I-295 EXIT BLANDING BLVD GOING SOUTH. TURN R ON WELLS RD. TURN L ON CEDAR BEND, THEN GO STRAIGHT ONTO CRABAPPLE CT. PROPERTY IS ON THE L.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Tile, Vinyl
Furnishings Unfurnished
Laundry Electric Dryer Hookup
Exterior
Parking Features Assigned, Shared Driveway
Pool None
Utilities Available Sewer Connected
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description Other
Story 2
Water Public
Level or Stories 2
Structure Type Stucco
New Construction No
Others
Senior Community No
Tax ID 06042601068712000
Security Features Other
Acceptable Financing Cash, Conventional, FHA, VA Loan, Other
Listing Terms Cash, Conventional, FHA, VA Loan, Other
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