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1204 Cherry Street

Jacksonville FL 32205

8
3
3298 sq. ft.
9147.6 sq. ft.
Duplex
Currently for sale - view listing

Overview

Rare investment opportunity with 2 duplexes on a single parcel (4 total units 1204/1206 Cherry St and 2858/2860 Olga Pl) featuring permitted roofs (2021 & 2016) and window A/C units. Fully occupied with strong rental history. Professionally managed, with 3 months of free management for the new owner. Can be purchased individually or as part of a larger portfolio including 2501 Myra St Triplex, 1717 Lindsey Rd - 9 units offering investors multiple income streams and long-term growth potential in a highly desirable rental market. Unit 2858 Olga PL is vacant and can be shown, do not disturb the tenants in the other units. Rents: 1204 Cherry- $1085, 1206 Cherry - $1050, 2858 olga - Vacant, 2860 Olga - $1145. No Sub, no seller finance

Features

8 bedrooms
3 bathrooms
3298 sq. ft. floor area
9147.6 sq. ft. lot size
Duplex

Property history for 1204 Cherry Street

2020
Sold
$330,000
25 Feb 2020 by ROCKY SOLOMON, of FLORIDA HOMES REALTY & MORTGAGE
2018
Rented
Undisclosed
21 Mar 2018 by HETH REALTY, INC.
2016
Rented
Undisclosed
02 Nov 2016 by HETH REALTY, INC.

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70%
70% of sellers in Jacksonville reported that their sale price either exceeded or met their price expectations.

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Local market activity for 8 bedroom duplexes in Jacksonville

In the last 12 months, 2 eight-bedroom duplexes similar to 1204 Cherry Street, have been sold.

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