Kari Sullivan
REALTOR® | Luxury Property Specialist
5238 SAN JUAN Avenue, Jacksonville, FL 32210
Cedar Springs
$295,000
$178/sq ft
Active
About This Home
Reduction 21K from original listing price -Excellent income-producing investment opportunity with this fully occupied triplex zoned CRO providing flexibility for future developments. Conveniently located near downtown and the naval base.
The property features two buildings: a duplex in the front and a separate smaller unit in the rear, providing three total rental units. The property currently generates $2,800 per month in gross rental income. Unit 1 and 2 will be vacant end of May. Live in 1 unit and rent out the other 2 or place new tenants and increase rent for immediate revenue growth.
Recent improvements include a new roof installed in 2023, and all units are equipped with central air conditioning for tenant comfort.
Unit breakdown:
Unit 1: 2 bedrooms, 1.5 bathrooms
Unit 2: 2 bedrooms, 1 bathroom
Unit 3: 1 bedroom, 1 bathroom
Utilities are on common water and electric meters.
The property features two buildings: a duplex in the front and a separate smaller unit in the rear, providing three total rental units. The property currently generates $2,800 per month in gross rental income. Unit 1 and 2 will be vacant end of May. Live in 1 unit and rent out the other 2 or place new tenants and increase rent for immediate revenue growth.
Recent improvements include a new roof installed in 2023, and all units are equipped with central air conditioning for tenant comfort.
Unit breakdown:
Unit 1: 2 bedrooms, 1.5 bathrooms
Unit 2: 2 bedrooms, 1 bathroom
Unit 3: 1 bedroom, 1 bathroom
Utilities are on common water and electric meters.
Location
Features & Amenities
Interior Features
- Electric Range
- Refrigerator
Exterior Features
- Other
- Shared Driveway
- Unassigned
Property Details
Property Type:
Multi Family
Year Built:
1944
Lot Size:
0.16 Acres (6,969 sq ft)
Stories:
1
Property Tax (2025):
$5,219/year
MLS #:
2125747
Utilities:
Electricity Available, Water Connected