$833,000
$849,999
2.0%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
2,550 SqFt
SOLD DATE : 01/30/2024
Key Details
Sold Price $833,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $326
Subdivision Avondale
MLS Listing ID 1261668
Sold Date 01/30/24
Bedrooms 5
Full Baths 4
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1925
Annual Tax Amount $5,201
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50x125
Property Description
Captivating Single Family Home with Detached Income Producing Duplex
Discover the epitome of modern elegance in this 3-bedroom, 2-bath single-family brick home. Every part of this home has gone through extensive restoration to bring it back to it's original charm with modern amenities. This is a truly move in ready home.
All new plumbing, HVAC, Roofs, Updated Electrical, Water Softener, Irrigation System, Spray Foam Insulation and so much more.
At the rear of the property lies a duplex with two fully furnished and updated 1-bed, 1-bath apartments; producing income immediately. This property has been 100% occupied for 18 months and both units are pre booked until the middle of 2024 on Air BNB. 2023 Annual Revenue for just the Duplex was $45,600.00
This is a MUST SEE to appreciate! The Main home has been remodeled with an open floor plan; this home features a beautiful chefs kitchen with quartz countertops, double pantries, custom cabinetry and high end appliances, original white oak flooring restored with Bona HD, beautifully renovated en suite with natural stone tile and double vanities, walk in primary closet, large laundry room, massive enclosed sunroom with original charming floors and so much more.
Beyond the home is a 1,500 square foot paved courtyard including a gazebo and a fully finished, air conditioned flex space that provides endless possibilities, such as an office, art studio or game room.
Amazing Location! One block from Boone Park Tennis/Pickelball Center and in-between the Shoppes of Avondale and bustling restaurants on Park Street. This property is a rare find with a prime location.
Both Apartments have central heat and air, all new plumbing, new roof, updated electrical, spray foam in-between both units and the roof, all new high efficiency windows and doors, high end kitchens, washer and dryers, high end furniture and fixtures. These apartments have been completely updated from top to bottom with no expenses spared.
Duplex: 2023 Annual Revenue:
$45,600.00
Main Home: Potential Long Term Revenue:
$36,000 Annually
Main Home: Potential Air BNB Revenue:
$52,800 Annually
Potential Annual income range between $81,600-$98,400
This property has been 100% occupied for 18 months and both units are pre booked until the middle of 2024 on Air BNB. The property is being rented monthly only, at a largely discounted rate, to simplify manageability. This leaves room for an increase in income if you wanted to rent out nightly/weekly.
Don't Miss out on your chance to own one of the most unique properties in Avondale!
Location
State FL
County Duval
Community Avondale
Area 032-Avondale
Direction From 5 Points, take Park W to Ingleside turn L to Boone Park turn R to sign.
Interior
Heating Central
Cooling Central Air
Flooring Marble, Tile, Wood
Fireplaces Number 1
Furnishings Partially
Fireplace Yes
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features RV Access/Parking
Pool None
Utilities Available Cable Available, Electricity Available, Electricity Connected, Separate Electric Meters, Sewer Available, Sewer Connected, Water Available, Water Connected
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description Historic Area
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Structure Type Brick Veneer
New Construction No
Others
Tax ID 0920980000
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Bought with BOLD CITY REAL ESTATE LLC
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”
frank.whibley@roundtablerealty.com
1637 Race Track Rd suite 100, Johns, Florida, 32259