Investment Opportunity: Income producing Duplex in Jacksonville, FL. Total Building Size: 3,770 sq ft | Effective Gross Area: 3,274 sq ft. Unit Breakdown: Unit 1129 (Upstairs): 4 Bed / 2 Bath Approx. 1,600 sq ft Currently rented for $1,150/month. Unit 1131 (Downstairs): 3 Bed / 2 Bath Approx. 1,600 sq ft Vacant, market rent $1,250/month. Monthly Income Potential: $2,300/month. Recent Upgrades: New roof installed in 2024, new A/C unit for downstairs and updated flooring and repairs in upstairs unit. Additional Features: Separate water and electric meters for each unit, washer and dryer hookups in both units, central heating with wall units upstairs. Just 15 minutes from downtown Jacksonville and No seller or creative financing options available.
1129 Grothe St, Jacksonville, FL, 32209
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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