$240,000 Multifamily for Sale — 1504 W 15th St, Jacksonville, FL 32209, USA
1504 W 15th St, Jacksonville, FL 32209, USA
Summary
This is a multifamily property for sale at 1504 W 15th St, Jacksonville, FL 32209, USA, listed at $240,000. The property has 4 units, 2,964 square feet, built in 1961. Financials show net operating income of $11,125, a 4.6% cap rate, gross income of $21,600 based on seller figures.
Key facts
- Asking price: $240,000
- Property type: Multifamily
- Cap rate: 4.6%
- NOI: $11,125
- Gross income: $21,600
- Occupancy: 50%
- Price / unit: $60,000
- Expense ratio: 45.8%
- Units: 4
- Building SF: 2,964
- Lot (acres): 0.11
- Year built: 1961
- Zoning: RLD-60
Description
CORPORATE LIQUIDATION SALE. Fourplex, 3 of 4 units occupied. Professional management in place. Positioned near the I-95 corridor, the well-established Mid-Westside neighborhood features houses and condos for rent with convenient access to major city thoroughfares. Residents enjoy an easy commute to downtown Jacksonville and the St. Johns River, both less than 10 miles south. Baseball Hall of Fame members including Hank Aaron, Roy Campanella, and Satchel Paige played at historic Durkee Field in this neighborhood.
Photos
Frequently asked questions
What is the asking price for this multifamily property?
The asking price is $240,000 for the property at 1504 W 15th St, Jacksonville, FL 32209, USA.
What is the cap rate?
The cap rate is 4.6%, based on $11,125 in net operating income.
How many units does the property have?
The property has 4 units.
How do I make an offer?
You can submit an offer directly to the seller on Caproll — there are no broker commissions, and the underwriting numbers are shown up front.
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