5838 YELLOW PINE Court Jacksonville, FL $ 555,000
5838 YELLOW PINE Court
$ 555,000
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5838 YELLOW PINE Court

Jacksonville, FL, 32277
$ 555,000
Bedrooms8 Baths3.0 Sq 3,024

Monthly Estimate*

$ 3,877

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Multi-Family Home for sale in Jacksonville, FL

for $555,000 with 8 bedrooms and 3 full baths. This 3,024 square foot home was built in 1963 on a lot size of 0.25.

🏡 Prime Investment Opportunity: Fully Renovated 8-Bedroom Multifamily Property Near Jacksonville University! 🏡 Are you on the hunt for an exceptional investment property in the fast-growing market of Jacksonville, FL? Look no further! This recently renovated 8-bedroom, 4-bath multifamily home is the perfect addition to your real estate portfolio. Located in close proximity to Jacksonville University (JU), this property offers immense potential for consistent rental income and strong returns. 🌟 Key Investment Highlights: ✅ 8 bedrooms and 4 bathrooms: With four individual 2-Bedroom / 1-Bath apartments, this property maximizes your rental income potential, ensuring a steady cash flow. ✅ Fully Renovated: mean minimal maintenance costs and immediate rental-ready status. Start earning from day one with this turn-key investment!  Main Sewer plumbing was just replaced from the clean outs to the city sewer saving all future buyers almost $20,000 on a sewer replacement.  Proximity to Jacksonville University: Take advantage of the inevitable expansion of JU and the strong future upside in equity.  Kitchen with Granite Countertops: A modern kitchen with granite countertops, white wooden kitchen cabinets with dovetail drawers, and tile backsplash not only attracts tenants but also increases the property's overall value.  New White Vinyl Fencing: Enhanced security and curb appeal with brand-new professionally installed white vinyl fencing that fully encloses the property.  Ample Parking: With seven parking spaces on-site and located on a private road, you'll never worry about tenant parking issues.  New Roofing & Tree Removal: Enjoy peace of mind with a newly installed roof and removal of large trees overhanging the building, reducing short and long-term maintenance costs.  New AC Units: Tenant comfort and energy efficiency are prioritized with brand-new AC units.  GE Stainless Steel Appliances: The addition of stainless steel appliances not only elevates the property's appeal but also enhances its durability.  Updated Plumbing and Electrical: Ensure smooth operations and reduced maintenance hassles with updated plumbing and electrical systems. Photos taken before tenants moved in.

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Multi-Family Active

Price

$ 555,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,384

Style

Quadruplex

Lot Size

0.25

Year Built

1963

Town/City

Jacksonville

County/Region

Duval

MLS | Web ID

1253273

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Separate Electric Meters Separate Water Meters
Possession Negotiable Other
Appliances Electric Oven Electric Range Electric Water Heater Refrigerator
Pool Features None
Year Built 1963
Stories 1
Property SubType Quadruplex
Tax Year 2023
Current Use Commercial Office Residential Single Family
County Duval
New Construction 0
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name Floral Bluff Estates
Garage Y/N N
Status Active
Directions From University North turn Right on Merrill Rd Left on Justina Rd Right on Yellow Pine Ct pass cul d sac curve to right 2nd blue building on right at dead end.
City Jacksonville
Buyer Agent Compensation 2.50
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area 041-Arlington
Lot Size Square Feet 10890.0
Waterfront Y/N N
Carport Y/N N
Street Name YELLOW PINE
Listing Terms Cash Conventional VA Loan
Tax Annual Amount 5384.42
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 041-Arlington
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 193
Standard Status Active
Legal Description 17-95 04-2S-27E .14 FIRST ADDN TO FLORAL BLUFF ESTATES PT LOT 21 REC O/R 19934-2223
Cash True
Conventional True
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Interior
Flooring Tile Vinyl
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 3
Half Baths 0
Street Suffix Court
Total Bedrooms 8
Electric On Property Y/N N
Total Baths 3
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Exterior
Parking Features Unassigned
Lot Features Cul-De-Sac
Water Source Public
Lot Size Area 0.25
Spa N
Lot Size Acres 0.25
Road Surface Type Asphalt
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5838
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* Excluded Features
List By
Legacy Realty Group Llc

Broker

brian@legacyrgllc.com

Email

Affordability Calculator

$4,326
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,877
Monthly Property Taxes
$449
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
308105 Elementary School
308138 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2024$555,000 -3.48% Price Down
10/20/2023$575,000 Listed Price

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5838 YELLOW PINE Court, Jacksonville, FL, 32277 is a Multi-Family Home for sale at $555,000 with 3,024 sqft and a lot size of 0.25. 5838 YELLOW PINE Court has 8 bedrooms, 3.0 baths, and was built in 1963. The property's zip code is 32277 which is in Jacksonville, FL