$784,500

Estimated payment $5,097/month

Total Views 2,679
4 Beds
4 Baths
2,711 Sq Ft
$289 Price per Sq Ft

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Central Heating and Cooling System
  • Views of Trees
  • No HOA
  • 3-minute walk to Adams Park

About This Home

This beautiful quadruplex is for sale after two decades in this very desirable section of Historic Avondale . Located in a highly walkable neighborhood just two blocks from the Shoppes of Avondale including restaurants, entertainment, parks and the St. John's river. Great investment property with a strong cash flow. This particular property has had nearly 100% occupancy in the past 20 years. The water heaters and heat pump units are few years old and the 30 year shingle roof is under 15 years old. 4 parking spaces are located in the back of property. Tenants pay all the utilities except water.
Lease dates, expenses and survey are under documents tab.

Listing Agent

KIM KOWAL

WATSON REALTY CORP License #3277918

WATSON REALTY CORP

Co-Listing Agent

Bahman Nakhai

WATSON REALTY CORP License #0632681

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,614

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 52' x 128'
  • Irregular Lot
  • Few Trees

Home Design

  • Quadruplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 2,711 Sq Ft Home
  • 2-Story Property
  • Views of Trees
  • Electric Range

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Additional Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Location

  • The property is located in a historic district

Schools

  • West Riverside Elementary School
  • Lake Shore Middle School
  • Riverside High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0786060000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Avondale Subdivision

Building Details

  • Operating Expense $16,000
  • Gross Income $54,000
  • Net Operating Income $38,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,614

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • New Construction: No
  • Stories: 2
  • Year Built: 1948
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.15
  • Lot Size: 52' x 128'
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Avondale
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Cooling:Electric: Yes
  • Sewer:Public Sewer: Yes
  • Appliances Refrigerators: Yes
  • Income And Expenses Operating Expense: 16000.0
  • Owner Pays:Sewer2: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Owner Pays: Exterior Maintenance, HVAC Maintenance, Pest Control, Sewer, Taxes, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Laminate, Tile, Wood
  • Stories: 2
  • ResoLivingAreaSource: Appraiser
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • Lot Features: Few Trees, Historic Area
  • View: Trees/Woods
  • Construction Type: Composition Siding
  • Lot Features:Few Trees: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Off Street, On Street, Parking Lot
  • Parking Features:On Street: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Parking Lot: Yes
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: West Riverside
  • High School: Riverside
  • Middle Or Junior School: Lake Shore

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 0786060000
  • Zoning Description: Multi Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 54000.0
  • Property Net Operating Income: 38840.0
  • Annual Operating Expense: 16000.0
  • Income And Expenses Net Operating Income: 38840.0

Tax Info

  • Tax Annual Amount: 8614.17
  • Tax Year: 2024

Map

Range of Values:

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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 $8,220 $484,622 $169,750 $314,872
2023 $8,220 $484,622 $169,750 $314,872
2022 $7,129 $440,565 $145,500 $295,065
2021 $6,228 $315,419 $145,500 $169,919
2020 $6,101 $344,790 $101,850 $242,940
2019 $5,461 $275,832 $121,250 $154,582
2018 $5,228 $275,832 $121,250 $154,582
2017 $4,863 $249,654 $67,900 $181,754
2016 $4,709 $248,540 $0 $0
2015 $4,311 $210,528 $0 $0
2014 $3,926 $178,131 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 For Sale $784,500 -- $289 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

Deed History

Date Type Sale Price Title Company
Warranty Deed $190,000 --
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $161,000 New Conventional
Closed $171,000 Purchase Money Mortgage
Previous Owner $105,000 Seller Take Back
Source: Public Records

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Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2064442

realMLS (Northeast Florida Multiple Listing Service)

APN: 078606-0000