Price History
$670,000
4/2/2024
$695,000
4/3/2024
817 Cedar STREET, Jacksonville, FL, 32207
13 rooms
5 beds
3 Full baths
1939
Colonial
1,974 sqft
Prime Investment Opportunity in San Marco. New roof as of March 2024. Rarely available and brimming with charm, this unique 1939 triplex is ideally situated in the heart of San Marco, just a block from the serene St. John's River and a stone's throw from Jim Rink Park. This well-maintained multi-unit property offers excellent cash flow opportunities, and it's just a couple blocks from Baptist MD Anderson, local hospitals, and the vibrant dining and nightlife of San Marco. The property comprises two well-maintained 2-bedroom, 1-bathroom units in a duplex, both with modern finishes and appliances updated in 2020. The lower duplex unit, currently leased at $1,650/month on a month-to-month basis to a tenant that's been in the unit for over a year, offers 987 square feet of comfortable living space. The upper unit, also 987 square feet, is currently rented month-to-month to a tenant that's been in the unit for 3 years at a below-market rate of $1,295/month, offering the potential for increased rental income. Nestled above the 3-car garage is a quaint, furnished 1-bedroom, 1-bathroom apartment, boasting 690 square feet of living space with beautifully refurbished hardwood floors. This unit is perfect for short-term rentals, currently generating $1,300/month. All tenants have access to shared laundry facilities in the garage and a communal patio space for relaxation and entertainment. Invest in the vibrant neighborhood of San Marco, with this property's delightful blend of history, charm, and income-generating potential. Contact us for more information or to arrange a viewing of this exceptional investment opportunity today!
Status:
Active
Type:
Single-family residential
Furnished Remarks:
Partially
Laundry Remarks:
In Garage
Subdivision:
PHILLIPS ADD TO PALM PARK
Garage:
3-car Alley Access, Garage Faces Rear, Off Street
Heating:
Electric
Cooling:
Central Air, Wall/Window Unit(s)
Levels:
2
Acreage:
0.1
Est. Taxes:
$9,417
Construction
Brick
Utilities
Public
Days on Market:
1
Elevator:
N
Appliances:
Convection Oven, Cooktop, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Min Lease Term:
No Minimum
MLS #:
O6191607
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of DAVEN REAL ESTATE INC Phone: 407-826-1653