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Orange Park,FL 32073
Key Details
Property Type Multi-Family, Condo
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,686 sqft
Price per Sqft $131
Subdivision Cedar Bend
MLS Listing ID 2084251
Bedrooms 8
Full Baths 4
Half Baths 4
Year Built 1983
Annual Tax Amount $6,059
Lot Size 0.310 Acres
Property Sub-Type Quadruplex
Property Description
Investor Alert! Fully rented and cash flowing Quad priced to sell at almost 6% cap rate with almost immediate upside potential.
Currently professional managed with long-term renters in place. All 4 leases expire in the next 4 months with under market rents, giving new investor ability to increase rents Yr. 1. This property is being sold as a portfolio along with 2 other quads - MLS#2084280 and MLS#2084314. Call Listing Agent with any questions.
Location
State FL
County Clay
Community Cedar Bend
Area 131-Meadowbrook/Loch Rane
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Additional Parking,Off Street
Utilities Available Electricity Connected,Separate Electric Meters,Sewer Connected,Water Connected
Building
Lot Description Other
Water Public
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional