865 COLE Road, Jacksonville, FL, 32218 | $689,000

Exceptional income-producing property offering 5 total units on 1. 36 acres in the highly convenient Pecan Park area of North Jacksonville. Ideally located just minutes from I-95 and I-295, less than 10 minutes to Jacksonville International Airport, approximately 15 minutes to Downtown Jacksonville, 25 minutes to the beaches, and only 2 miles from River City Marketplace with major shopping, dining, and retail. This unique multi-unit property features 4 units in the main building plus 1 separate detached home, offering a total of 4, 424 square feet of living space. The main building includes three 2-bedroom, 1-bath units, each with private indoor laundry, with one unit also featuring an insulated garage that could easily be converted into an additional bedroom or flex space. Unit sizes include approximately 680 sq ft, 814 sq ft, and 972 sq ft. The spacious primary unit offers 3 bedrooms, 2 bathrooms, 1, 369 sq ft, plus a propane stove and propane dryer setup. The detached home offers an additional 1-bedroom, 1-bath layout with approximately 589 sq ft, plus an attached garage and dedicated laundry room. Both buildings feature tile flooring and tiled bathrooms throughout. Major system upgrades provide long-term peace of mind, including new plumbing, new roof, updated electrical panels, separate electric meters for each apartment and the detached home, most wiring upgraded to 12-gauge cable, and many hurricane impact windows. The main structure is built with durable red steel construction, metal siding, Hardie board accents, industrial-size gutters, and French drains. Additional exterior features include two large carports, greenhouse, oversized concrete walkways, a large paved driveway, heavy-duty 14-foot metal gated entry with wireless Ghost Control gate opener, vinyl fencing, propane lines, oversized septic systems with extensive drain field, and beautifully maintained grounds with mature landscaping and St. Augustine grass. Situated in Flood Zone X on flat, usable land, this rare property offers outstanding flexibility for investors, multi-generational living, house hacking, or owner-occupants seeking strong income potential. Offered at $689, 000 with excellent rental upside and long-term value.

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