$290,000
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1038 ARCO DR Jacksonville, FL 32211
8 Beds
4 Baths
4,396 SqFt
Key Details
Sold Price $290,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,396 sqft
Price per Sqft $65
Subdivision Arlington
MLS Listing ID 1016190
Sold Date 10/14/19
Bedrooms 8
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1956
Lot Dimensions 75X120
Property Description
Don't miss this AMAZING mid century fourplex in the Arlington area of Jacksonville! It is located in a KEY central location, five minutes to downtown Jacksonville, less than three miles from where the JAGS play at TIAA Bank Field, and less than two miles from Jacksonville University. This tremendous property has ultra convenient access to several major highways and is just 15 minutes to Atlantic Beach. It is a solidly constructed brick building that features four very comfortable 2 Bedroom/1 Bath units with hardwood floors throughout. The building has a new roof and a detached parking carport with one space for each of the units along with a laundry/storage room, and NEWER A/C's. This building offers an excellent return on your investment with a CAP RATE of greater than 12%. ALL units are currently occupied and have stayed consistently rented since 2015. This is an amazing investment that will not last long...so quickly make it yours by bringing me your buyer and an offer!
Location
State FL
County Duval
Community Arlington
Area 041-Arlington
Direction Head north on University Blvd N; passing Arlington Expy turn left on Playa way before getting at Arlington Elem school; another left at Arco Dr. Building is to your right.
Interior
Heating Central
Cooling Central Air
Exterior
Garage Covered, Detached, On Street
Garage Spaces 3.0
Carport Spaces 3
Pool None
Roof Type Shingle
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Tax ID 1291840000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Bought with BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY