5838 Yellow Pine Court
Jacksonville, FL 32277

  • – beds
  • – baths
  • 3,024 sqft
  • 10,890 sqft lot
  • $183 per sqft
  • 1963 build
  • on site

🏡 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: Recent u updated 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.

Northeast Florida Association of Realtors logo Listing courtesy of NEFMLS / LEGACY REALTY GROUP LLC

Last checked: Checking… • Last updated Apr 18, 2024 •

MLS# 1257502 —

This property is listed in more than one place. See it here.

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Sale history

Date Event Source Price % Change
4/18/24
Listed / Active NEFMLS $555,000
3/25/24
Sold Subject To Contingencies NEFMLS $555,000
3/14/24
Price Changed NEFMLS $555,000 -3.5%

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Listing provided by broker:

BRIAN ALTERMAN

LEGACY REALTY GROUP LLC

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This multifamily located in Greater Arlington, Jacksonville, FL 32277 is currently for sale for $555,000. 5838 Yellow Pine Court is a 3,024 square foot multifamily with – beds and – baths that has been on Estately for 174 days. 5838 Yellow Pine Court is in the Greater Arlington neighborhood of Jacksonville and has a WalkScore® of 70, making it very walkable. This multifamily is in the attendance area of Justina Road Elementary School, Fort Caroline Middle School, Fort Caroline Elementary School, Terry Parker High School, and Arlington Middle School.

Northeast Florida Association of Realtors logo Listing Courtesy of: NEFMLS and LEGACY REALTY GROUP LLC.

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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