7.25% CAP Rate Airbnb Cash Cow! This unique, fully renovated condo-duplex setup requires zero CapEx and delivers two active STR/MTR income streams in one turnkey transaction. Behind the main entrance door sit two completely private, self-contained rental apartments generating consistent, year-round rental demand. Location is everything. You are sitting right… Read More in the middle of it all inside the multi-billion dollar Gateway Jax / Pearl Square downtown revitalization footprint and just minutes from the Jaguars' $1.4B Stadium of the Future / Sports & Entertainment District. This highly desirable downtown location is just steps from the Federal Courthouse, Fortune 500 corporate headquarters, and major banking hubs, driving a steady pipeline of healthcare professionals, legal experts, and corporate clientele. This prime positioning offers passive investors a recession-proof combination of high-yielding immediate cash flow and massive long-term equity appreciation. Read Less
This data up-to-date as of . Listing courtesy of JPAR CITY AND BEACH.
Listing Snapshot
Days Online
28
Last Updated
Property Type
Duplex
Square Ft.
187,700
Year Built
1949
MLS Number
2147558
30 Days Snapshot Of 32202
$140k
+68%
(avg) sold price
2
+100%
homes sold
56
-28%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1949, Building area total: 187,700, Living area: 984, 17 total stories, Association amenities: "Management - On Site", "Clubhouse", "Elevator(s)", "Fitness Center", "Laundry", "Management - Off Site", "Management - Part Time", "Security", "Trash", "Water"
Cooling
"Central Air", "Electric", "Separate Meters"
Expenses
Operating expense: $16,393
Heating
"Central", "Electric", "Separate Meters"
Home Owner's Association
Association fee: $950
Income
Gross income: $38,602, Net operating income: $22,209
Data last updated . Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated:
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