2202 DELLWOOD Avenue, Jacksonville, FL 32204
$485,000
Property Type:
Residential Income
Bedrooms:
5
Baths:
4
Square Footage:
2,929
Status:
Closed
Current Price:
$485,000
List Date:
10/23/2021
Last Modified:
12/17/2023
Description
Wonderful investment opportunity in Riverside, one of the nations fastest growing ZIP code's for rent growth. Just three blocks from Five Points, the property is a prime rental option for those looking to be in walking distance from Publix and an array of dining and retail options. The offering consists of three one-bedroom units and one two-bedroom unit. Two of the units are occupied with long-term tenants, both of which are up for renewal and are ripe for a rental increase. The other two units are two of the units are high-preforming short term rentals with consistent bookings year-round. Rental comps are available on request and suggest $900-$1000 in monthly rent per unit, with the two-bedroom projecting much higher.
More Information MLS# 1137925
Contract Information
Current Price: $485,000
Sold Price: $485,000
Status: Closed
Listing Contract Date: 2021-10-23
Property Sub Type: Quadruplex
Buyer Brokerage Compensation: 2.5
Transaction Broker Compensation: 2.5
Transaction Broker Compensation Type: %
Location, Tax, and Legal
Street Number: 2202
Street Name: DELLWOOD
Street Suffix: Avenue
County: Duval
State: FL
Country: US
Postal Code: 32204
Parcel Number: 0913360000
Subdivision Name: 5 Points
MLS Area Major: 031-Riverside
General Property Information
Number Of Units Total: 4
Bedrooms Total: 5
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 2929
Living Area Source: Public Records
Year Built: 1922
Lot Size Dimensions: 50x118
Waterfront YN: No
Stories Total: 2
Stories: 2
Directions: Follow I-95 N to Park St in Jacksonville. Take exit 351A from I-95 N. Take College St to Dellwood Ave
Public Remarks: Wonderful investment opportunity in Riverside, one of the nations fastest growing ZIP code's for rent growth. Just three blocks from Five Points, the property is a prime rental option for those looking to be in walking distance from Publix and an array of dining and retail options. The offering consists of three one-bedroom units and one two-bedroom unit. Two of the units are occupied with long-term tenants, both of which are up for renewal and are ripe for a rental increase. The other two units are two of the units are high-preforming short term rentals with consistent bookings year-round. Rental comps are available on request and suggest $900-$1000 in monthly rent per unit, with the two-bedroom projecting much higher.
List Price/SqFt: 170.37
Sold Price/SqFt: 165.59
Status Change Information
Major Change Timestamp: 2023-11-20T12:30:22Z
Major Change Type: Price Reduced
Price Change Timestamp: 2021-11-17T13:37:41Z
Purchase Contract Date: 2021-11-26
Close Date: 2022-01-14
Close Price: 485000
Fireplace Features
Fireplaces Total: 1
Historical Information
Public Historical Remarks 1: Type-Multi Units: Y, Lot Location-Suburban: Y, Number of Buildings: 2 Buildings, Present Rental Terms: Month to Month
Public Historical Remarks 3: Type: Multi Units, Current Zoning: RMD-B
Property Features
Appliances: Electric Cooktop; Electric Range; Refrigerator; Tankless Water Heater
Construction Materials: Brick Veneer; Frame; Wood Siding
Cooling: Wall/Window Unit(s)
Flooring: Wood
Laundry Features: Electric Dryer Hookup; Washer Hookup
Parking Features: On Street
Pool Features: None
Possession: Negotiable
Road Surface Type: Asphalt
Roof: Shingle
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Smart Home Features: Locks
Water Source: Public
Documents
Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Last Updated: December - 17 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in reciprocal agreements.
Information deemed reliable but not guaranteed.