$595,000
UNDER CONTRACT

Estimated payment $3,933/month

Total Views 2,221
8 Beds
4 Baths
4,248 Sq Ft
$140 Price per Sq Ft

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 5-minute walk to St Nicholas Playground
  • Corner Lot
  • West Facing Home

About This Home

Clean and stable, brick St Nicholas Quadraplex, with 4 units (2 bedroom, 1 bath), rented on long-term leases for $1050-1150/mo. One unit (#3) is vacant for showings, and the other 3 have tenants who have stayed for 2 years. The property is under professional management, and should offer a turn-key transfer in an area with great transit and commute options, near major jobs, restaurants and retail. These units offer an easy affordable housing option to the new apartment buildings nearby, asking twice the rent. Contact agent for showings, rent rolls, P&L and pro formas.

Listing Agent

Susan Hopkins

WATSON REALTY CORP License #3198249

WATSON REALTY CORP

Co-Listing Agent

Jon Singleton

WATSON REALTY CORP License #3027739

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,433

Year Built

  • Built in 1953

Lot Details

  • 8,712 Sq Ft Lot
  • West Facing Home
  • Corner Lot

Home Design

  • Quadruplex

Interior Spaces

  • 4,248 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Spring Park Elementary School
  • Southside Middle School
  • Englewood High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1251580000

Community Details

Overview

  • 4 Units
  • Johnson Manor Subdivision

Building Details

  • Operating Expense $16,812
  • Gross Income $53,711
  • Net Operating Income $36,899

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,433

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • New Construction: No
  • Year Built: 1953
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street
  • Subdivision Name: Johnson Manor
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Appliances Refrigerators: Yes
  • Income And Expenses Operating Expense: 16812.0
  • Special Features: UnderContract

Interior Features

  • Major Appliances: Electric Range, Refrigerator
  • Furnished: Unfurnished
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Insurance, Janitorial Service, Management, Pest Control, Trash Collection
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Wood
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Waterfront: No
  • Lot Features: Corner Lot
  • Direction Faces: West
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4.0
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes
  • General Property Information:Parking Total: 4.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Spring Park
  • High School: Englewood
  • Middle Or Junior School: Southside

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 1251580000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 53711.0
  • Property Net Operating Income: 36899.0
  • Annual Operating Expense: 16812.0
  • Income And Expenses Net Operating Income: 36899.0

Tax Info

  • Tax Annual Amount: 7432.94
  • Tax Year: 2024

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,433 $423,738 $80,000 $343,738
2023 $7,106 $423,738 $35,000 $388,738
2022 $6,268 $403,560 $35,000 $368,560
2021 $5,449 $285,636 $35,000 $250,636
2020 $4,921 $238,339 $35,000 $203,339
2019 $4,792 $227,681 $35,000 $192,681
2018 $4,673 $219,090 $35,000 $184,090
2017 $3,980 $211,755 $30,000 $181,755
2016 $3,601 $171,050 $0 $0
2015 $3,226 $132,406 $0 $0
2014 $3,285 $134,064 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 For Sale $595,000 +132.0% $140 / Sq Ft
12/17/2023 12/17/23 Off Market $256,500 -- --
02/02/2017 02/02/17 Sold $256,500 -10.0% $58 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $285,000 -- $64 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

Deed History

Date Type Sale Price Title Company
Warranty Deed $256,500 Attorney
Warranty Deed $189,000 Premier Title Group Inc
Corporate Deed $113,000 --
Interfamily Deed Transfer $77,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,150 New Conventional
Closed $192,375 New Conventional
Previous Owner $172,400 Negative Amortization
Previous Owner $170,100 No Value Available
Previous Owner $117,000 No Value Available
Previous Owner $113,600 No Value Available
Source: Public Records

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Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2078204

realMLS (Northeast Florida Multiple Listing Service)

APN: 125158-0000