NOT LISTED FOR SALE
8 Beds
8 Baths
6,630 Sq Ft
1925 Built

Last Sold February 24, 2016

Last sale price $700,000 $106 Per Sq Ft

30 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 4-minute walk to Native Park

About This Home

As of February 2016

Great opportunity and time to purchase this updated, eight one bedroom apartment building in the heart of the popular and thriving Riverside/ Avondale Historic Area. Built in 1925, this building was designed by noted architects Marsh and Saxelbye in the Mediterranean Revival Style. Each large apartment is identical with a generous living room and private balcony, a large bedroom and bath, a galley kitchen with original porcelain farmer’s sink and a dining nook. High ceilings, original oak floors, a front and rear stair case to second floor apartments, original brass mailbox and an 8 car covered car port are featured. Each unit has central H/AC, a refrigerator, a gas water heater, and gas stove. The roof was replaced in 2002.
Close to restaurants, shopping, parks, downtown.... The location is nestled among many single-family homes and apartments in Avondale. It is close to the Shoppes of Avondale, to 5 Points, and the King Street shopping and restaurant area, to 5 parks including one with tennis, 3 area hospitals, downtown, and the expressway. Data vibes notes Avondale as being the #2 place to live in Jacksonville with the per capita income well over the average of other areas of Jacksonville. Vacancies are rare and tenants are quoted to say, "This is a great building, we love it here."

Last Agent to Sell the Property

Leslie Jones

KELLER WILLIAMS JACKSONVILLE License #3047712 Listed on: 01/19/2016

KELLER WILLIAMS JACKSONVILLE

Co-Listed By

NON MLS

NON MLS (realMLS)

Last Buyer's Agent

Ingrid Davis

IDEAL REALTY CONNECTIONS License #3121843

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Parking

  • On-Street Parking

Home Design

  • Stucco

Interior Spaces

  • 6,630 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Electric Oven
  • Gas Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0782290000

Community Details

Overview

  • 8 Units
  • Avondale Subdivision

Building Details

  • Operating Expense $32,173
  • Gross Income $70,494
  • Net Operating Income $32,173

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Year Built: 1925
  • Road Surface Type: Asphalt
  • Subdivision Name: Avondale
  • General Property Information Living Area2: 6630.0
  • General Property Information Waterfront YN: No
  • General Property Information List PriceSqFt2: 105.58
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Utilities Natural Gas Available: Yes
  • General Property Information Stories Total: 2
  • General Property Information Number Of Units Total2: 8.0
  • Gross Scheduled Income: 81600.0
  • Income And Expenses Operating Expense: 32173.0
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Major Appliances: Electric Oven, Electric Range, Electric Water Heater, Gas Range, Refrigerator
  • Owner Pays: Grounds Care, Insurance, Management, Other Tax, Pest Control, Repairs, Water
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Flooring: Wood
  • Living Area: 6630.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Waterfront: No
  • Pool Features: None
  • Construction Type: Stucco
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes

Utilities

  • Utilities: Natural Gas Available, Separate Electric Meters
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Lot Info

  • Parcel #: 0782290000

Multi Family

  • Annual Gross Income: 70494.0
  • Annual Operating Expense: 32173.0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $700,000 -- --
02/24/2016 02/24/16 Sold $700,000 -4.8% $106 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $735,000 -- $111 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 796848

realMLS (Northeast Florida Multiple Listing Service)