D
Seller's Agent in 2024
David Dawkins
SEVEN BRIDGES REALTY GROUP LLC
(904) 465-1663
1 in this area
8 Total Sales
Estimated Value: $442,000 - $537,000
Discover a prime investment opportunity with this 4-UNIT property in Murray Hill, featuring three 1BR/1BA units and one 2BR/1BA unit. Unit #3 is currently being held vacant to facilitate tours. Current average rent is $948/unit. Most tenants are currently month-to-month, giving the new owner optionality upon takeover. Brand new roof (July 2024). Each unit has an off-street parking space. All utilities are separately metered and paid directly by tenants, which is a rare feature for multifamily properties in the historic districts. Your tenants will love the short 10-minute walk to the restaurants on Edgewood Ave and the quick drive to Avondale (1.9 mi), Five Points (2.1 mi), Downtown (4.8 mi) and San Marco (5.8 mi). This property provides an excellent opportunity for a variety of investor types. An owner occupant could potentially utilize Fannie Mae's 5% down program for multifamily properties and live in one unit while collecting income from the others. Alternatively, an investor could enhance revenue through furnished and short-term rentals, which are popular in the area due to local employment drivers (St Vincent's, Downtown, Brooklyn) and local points of interest (Edgewood Ave, Shoppes of Avondale, Five Points).
Last Agent to Sell the Property
SEVEN BRIDGES REALTY GROUP LLC License #3373490 Listed on: 08/26/2024
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Munro Keenan W | $449,000 | None Listed On Document | |
| Munro Keenan W | $449,000 | None Listed On Document | |
| Riverside Collection Llc | $3,490,000 | None Listed On Document | |
| Riverside Collection Llc | $3,490,000 | None Listed On Document | |
| Apartments Plus Inc | $177,600 | Attorney | |
| Apartments Plus Inc | $177,600 | Attorney |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Munro Keenan W | $359,200 | |
| Previous Owner | Riverside Collection Llc | $266,139 | |
| Previous Owner | Apartments Plus Inc | $167,600 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2024 12/05/24 | Sold | $449,000 | 0.0% | $150 / Sq Ft |
| 10/30/2024 10/30/24 | Pending | -- | -- | -- |
| 10/11/2024 10/11/24 | Price Changed | $449,000 | -6.3% | $150 / Sq Ft |
| 09/19/2024 09/19/24 | Price Changed | $479,000 | -3.2% | $160 / Sq Ft |
| 08/26/2024 08/26/24 | For Sale | $495,000 | -- | $166 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2026 | $9,288 | $443,866 | $251,816 | $192,050 |
| 2025 | $4,877 | $427,427 | $233,654 | $193,773 |
| 2024 | $4,877 | $427,427 | $81,405 | $346,022 |
| 2023 | $4,785 | $427,427 | $81,405 | $346,022 |
| 2022 | $3,804 | $343,735 | $63,315 | $280,420 |
| 2021 | $3,283 | $251,076 | $45,225 | $205,851 |
| 2020 | $2,983 | $212,966 | $42,210 | $170,756 |
| 2019 | $2,711 | $174,856 | $42,210 | $132,646 |
| 2018 | $2,654 | $174,856 | $21,105 | $153,751 |
| 2017 | $2,487 | $155,428 | $10,552 | $144,876 |
| 2016 | $2,163 | $110,495 | $0 | $0 |
| 2015 | $2,294 | $132,594 | $0 | $0 |
| 2014 | $1,808 | $70,415 | $0 | $0 |
D
Seller's Agent in 2024
David Dawkins
SEVEN BRIDGES REALTY GROUP LLC
(904) 465-1663
1 in this area
8 Total Sales
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 2044234
APN: 061328-0000