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2306 MONCRIEF RD. Road, Jacksonville, FL 32209

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For Sale

$1,100,000

24 beds • 12 baths • 10,800 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $101.85
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

A true turn-key multi-family investment. 12 x 2 Bed 1 Bath 900SF units Completely renovated, stabilized, and cash flowing in a neighborhood where values continue to grow and vacancies are short. This property consists of 6 Duplex units, all side by side on one parcel. All units have been completely renovated. New roofs, new plumbing to include all outside sewer lines and inside water lines, full rewire and panel upgrades, new 2 Ton Central AC units, flooring and subflooring, kitchens, baths, drywall and paint, front and back porches, appliances and hot water heaters, EVERYTHING!!! All 12 units of this property are occupied and cash flowing at $10,365 per month!!! The property also has 1 vacant lot that has been approved for a quad. All units are currently under sound property management. The PM has cultivated good relationships with the tenants and has been able to maintain a high renewal rate. All duplexes are currently under a Termite Bond paid through 4/30/2025. All units are individually metered and are equipped with laundry hook ups. Tenants pay for all utilities, the owner is responsible for lawn care at $175 per month and trash service at $2,145.72 per year which is paid through 9/30/2024. In total, the current owner has spent more than 1 Million in capital expenses to make this a truly turn-key investment for its next owner. Simply purchase and collect your cash every month. The surrounding neighborhoods have benefited greatly from the improvement of these duplexes. Home values have increased dramatically over the last 3 years. It's time to invest in something that the community appreciates and can grow in the years to come. See documents for up to date P&L and Rent Roll. Call Doug Beck for additional questions or a private showing.
MLS# 2026165

Courtesy Of AKRB Corp. dba Keller Williams First Coast Realty

(904) 541-0180

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Cooktop - Electric, Microwave, Oven, Range - Electric, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Exterior Type
    Stucco
  • Floor Covering
    Tile, Vinyl
  • Heating Fuel
    Electric
  • Heating System
    Central Furnace, Hot Water
  • Lot Size
    0.84 Acres
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom, Full Bath

Map and Directions

Directions to 2306 MONCRIEF RD. Road, Jacksonville, FL 32209

Home seller CENTURY 21 Lighthouse Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lighthouse Realty

(904) 562-5652
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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