Kari Sullivan
REALTOR® | Luxury Property Specialist
Phone: (123) 456-7890
Email: kari@example.com
Web: KariSullivan.com
1534 MORGAN Street, Jacksonville, FL 32209
Smiths Allotment
$330,000
$119/sq ft
Active Under Contract
About This Home
This quadplex in the heart of downtown offers the perfect blend of location, income potential, and versatility. Just steps from restaurants, shops, entertainment, and major employers, it provides both convenience for tenants and a desirable lifestyle for an owner-occupant.
With four spacious units, the property is well-positioned to generate strong rental income, with the potential to achieve a cap rate of up to 13%. Investors will appreciate the steady cash flow and long-term growth, while owner-occupants have the unique opportunity to live in one unit and let the other rentals offset their mortgage.
Whether you're looking to expand your portfolio with a high-performing asset or secure a home that helps pay for itself, this downtown quadplex is a rare find that combines prime location with financial upside.
With four spacious units, the property is well-positioned to generate strong rental income, with the potential to achieve a cap rate of up to 13%. Investors will appreciate the steady cash flow and long-term growth, while owner-occupants have the unique opportunity to live in one unit and let the other rentals offset their mortgage.
Whether you're looking to expand your portfolio with a high-performing asset or secure a home that helps pay for itself, this downtown quadplex is a rare find that combines prime location with financial upside.
Features & Amenities
Interior Features
- Electric Oven
- Electric Water Heater
- Refrigerator
Exterior Features
- Other
- On Street
- Parking Lot
Property Details
Property Type:
Quadruplex
Year Built:
1969
Lot Size:
0.14 Acres (6,098 sq ft)
Stories:
1
MLS #:
2109815
Utilities:
Electricity Connected, Sewer Connected, Water Connected