Kari Sullivan
REALTOR® | Luxury Property Specialist
1725 PROSPECT Street, Jacksonville, FL 32208
Trout River
$200,000
$156/sq ft
Pending
About This Home
Qualified buyers can receive up to $7,500 toward closing costs or rate buy-down with our preferred lender!
Stunningly renovated and income-producing, 1725 Prospect Lane offers exceptional value just steps from the river and minutes from downtown Jacksonville. Set on a generous 10,000 SF lot in a quiet, high-demand neighborhood, this versatile property features a 2BR/1BA main home--previously rented for $1,550/month and now vacant for easy showings--plus a non-conforming 1BR/1BA attached ADU leased to a long-term tenant at $975/month. With previous gross rental income of $30,300/year and a 9.9% takeover cap rate, it's an ideal opportunity for house hackers, investors, or multigenerational buyers. Recent upgrades include a new roof, well pump, water softener, AC units in both residences, a full boundary fence, and fresh interior and exterior paint--all completed within the last two years, delivering peace of mind and strong cash flow from day one.
Stunningly renovated and income-producing, 1725 Prospect Lane offers exceptional value just steps from the river and minutes from downtown Jacksonville. Set on a generous 10,000 SF lot in a quiet, high-demand neighborhood, this versatile property features a 2BR/1BA main home--previously rented for $1,550/month and now vacant for easy showings--plus a non-conforming 1BR/1BA attached ADU leased to a long-term tenant at $975/month. With previous gross rental income of $30,300/year and a 9.9% takeover cap rate, it's an ideal opportunity for house hackers, investors, or multigenerational buyers. Recent upgrades include a new roof, well pump, water softener, AC units in both residences, a full boundary fence, and fresh interior and exterior paint--all completed within the last two years, delivering peace of mind and strong cash flow from day one.
Location
Features & Amenities
Interior Features
- Dishwasher
- Disposal
- Dryer
- Electric Cooktop
- Electric Oven
- Electric Range
- Electric Water Heater
- Freezer
- Ice Maker
- Microwave
- Refrigerator
- Washer
- Ceiling Fan(s)
- Primary Bathroom - Shower No Tub
- Flooring: Vinyl
Exterior Features
- Off Street
- Fenced
Property Details
Property Type:
Single Family Residence
Year Built:
1949
Lot Size:
0.23 Acres (10,018 sq ft)
Stories:
1
Property Tax (2025):
$2,141/year
Flooring:
Vinyl
MLS #:
2144450
Utilities:
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
