2819 OAK Street
Jacksonville, FL, 32205 $ 975,000
Bedrooms7 Baths5.0 Sq 3,624 Monthly Estimate*
$ 6,811
for $975,000 with 7 bedrooms and 5 full baths. This 3,624 square foot home was built in 1956 on a lot size of 0.17.
Prime Investment Opportunity on Oak Street! Welcome savvy investors to 2819 Oak Street! Your next lucrative venture awaits in the heart of Riverside. This property presents an outstanding chance to capitalize on the booming real estate market of Jacksonville while reaping the rewards of owning a strategic piece of property in a high-demand location. Boasting a full apartment upstairs and 3 units downstairs. Upstairs unit has 4 bedrooms and 3 bathrooms. Unit 3 has 1 bedroom and 1 bathroom, Unit 2 has 1 bedroom and 1 bathroom, Unit 1 is a studio apartment. Key Investment Features: Income Potential: With its prime location in one of Jacksonville's most sought-after neighborhoods, this property offers significant income potential through rental income or renovation for resale. Appreciation: Benefit from the steady appreciation of properties in Riverside, a thriving area known for its historic charm, trendy atmosphere, and strong community appeal. Versatility: Whether you're looking to add to your rental portfolio, flip for a profit, or renovate and hold for long-term growth, this property offers endless possibilities to maximize returns. Fully turnkey and renovated: Extensive renovations have been done to the units over the past 2 years. Units are in exemplary condition and meticulously maintained. Strong Rental Market: Tap into the robust rental market in Riverside and neighboring areas, attracting tenants seeking proximity to urban amenities, employment centers, and recreational opportunities. Location Advantages: Rapidly Growing Area: Positioned in one of Jacksonville's fastest-growing neighborhoods, experiencing revitalization and influx of investment, ensuring long-term growth potential. Urban Amenities: Enjoy close proximity to eclectic dining options, trendy boutiques, entertainment venues, parks, and cultural attractions, catering to the lifestyle preferences of tenants and buyers alike. Convenient Access: Benefit from easy access to major transportation arteries, downtown Jacksonville, major employment hubs, and top-rated schools, enhancing the property's appeal to tenants and prospective buyers. Seize this exceptional investment opportunity and capitalize on the burgeoning real estate market of Jacksonville with 2819 Oak Street. Act fast to secure your foothold in this dynamic market - schedule a viewing today and unlock the potential of this prime property!
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FeaturesGeneralSewer Public Sewer
Heating Varies by Unit
Cooling Wall/Window Unit(s)
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
Appliances Electric Range Refrigerator
Pool Features In Ground
Year Built 1956
Electric 150 Amp Service
Stories 2
Property SubType Quadruplex
Tax Year 2023
Current Use Residential
County Duval
New Construction 0
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Contingency Active Under Contract
Subdivision Name Lake Forest
Garage Y/N N
Status Active Under Contract
Directions I-95 towards downtown Jacksonville Exit on Park St. then left on Park St. to left on Stockton St. to right on Oak St. home on right
City Jacksonville
Buyer Agent Compensation 2.00
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area 032-Avondale
Lot Size Square Feet 7405.2
Waterfront Y/N N
Carport Y/N N
Street Name OAK
Listing Terms Cash Conventional
Tax Annual Amount 13332.6
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 032-Avondale
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 17
Standard Status Active Under Contract
Legal Description 2-80 42-2S-26E .162 STARKES S/D E 35FT LOT 7 W 20F
Cash True
Conventional True
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InteriorFlooring Vinyl
Furnished Y/N Negotiable
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 5
Half Baths 0
Street Suffix Street
Total Bedrooms 7
Electric On Property Y/N N
Total Baths 5
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ExteriorFencing Back Yard Wood
Parking Features Off Street On Street
Lot Features Other
Water Source Public
Lot Size Area 0.17
Number of Buildings 1
Spa N
Building Area Total 3684.0
Lot Size Acres 0.17
Road Surface Type Asphalt
Lot Size Units Acres
Road Frontage Type City Street
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByFlorida Homes Realty & Mtg LlcBroker
therealestatefella@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,811
- Monthly Property Taxes
- $1,111
- 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.
Learn more about how to save NearbyMulti-family listings in Jacksonville, FL
Average List Price $424,655
Percent of Sale Price 56%
About Jacksonville, FL 899,320 Population
22% Since 2002
$ 49,805 Median Income
37.69 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
308105 Elementary School
308138 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/9/2024 | $975,000 | | Listed Price |