4070 Grant Road
Jacksonville, FL 32207

  • 6 beds
  • 4 baths
  • 2,494 sqft
  • $102 per sqft
  • 2017 build
  • on site

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Amazing preconstruction multifamily investment opportunity. The only brand new duplex rental building opportunity on the market. Each duplex has 2 units, 1247 ft with 3 bedroom 2 bath each. 1 story bldg. Great rental area on the southside of Jacksonville, close to everything 3.5 miles to downtown, less than 2 miles to San Marco. shopping, schools, public trans. Units are located right in front of Pine Forest magnet elementary school of the arts. Perfectly located where 500 children are picked up and dropped off every day. Great traffic of potential tenants year round. 3.5% down FHA financing owner occupants. Live in one side have your tenant help pay the mortgage. Easy residential financing for investors. New construction means top dollar rents and low maintenance cost. Great cap rate. Easy to manage. There will be a total of 16 units available. 6- duplex buildings and 4- single family buildings. Can be bought as individual bldgs. or as one 16 unit package. Nice finishes in each unit .Due to the limited number of available multifamily units for sale the current market would be considered to have a shortage of units. The overall market trend in Northeast Florida has seen a decline in the available supply of units during the past 2 years going from a buyers market to a sellers market. This trend appears to be stable and will continue for the foreseeable future. The majority of rental units for sale currently were built 20-100 years ago. These duplex are the only brand new units built in 2017 on the market and are ideally located in front of a magnet elementary school. For you FHA qualified owner occupants this is the easy way to start building a rental portfolio and building a future as real estate investors.

Northeast Florida Association of Realtors logo Listing courtesy of NEFMLS / KEVIN MARTIN, BROKER

Last checked: Checking… • Last updated Mar 10, 2024 •

MLS# 897709 —

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Sale history

Date Event Source Price % Change
3/23/18
Sold NEFMLS $254,900

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Multifamily Sold on 3/23/2018

$254,900

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Listing provided by broker:

Kevin Martin

KEVIN MARTIN, BROKER

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Northeast Florida Association of Realtors logo Listing Courtesy of: NEFMLS and KEVIN MARTIN, BROKER.

Based on information from the NORTHEAST FLORIDA MLS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. NEFMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. NEFMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

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