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Property description
Prime Investment Opportunity in Jacksonville, FL! This expansive property, featuring a 2-story main house and a duplex on a 1.76-acre lot, offers tremendous income potential for savvy investors. The main house at 302 Bernard Rd includes 2 bedrooms and 2 bathrooms, with a gross area of 3, 816 sqft and a heated area of 1, 844 sqft. Upgraded with new roofs on both properties, central heating/AC, and a fenced yard, it is low-maintenance and ideal for pad split opportunities. The duplex at 304 Bernard Rd comprises Unit 1 (3 bedrooms, 1 bathroom) and Unit 2 (2 bedrooms, 2 bathrooms), with a gross area of 2, 609 sqft and a heated area of 2, 056 sqft. The properties are fully occupied. With a market rent of approximately $5, 100/month, this is a prime investment opportunity. Comparable 3-bedroom units in the area rent for $1, 900/month, and 2-bedroom units typically rent for $1, 600/month. With long-term tenants already in place, this property offers stability and consistent income. Additional features include a large swimming pool, a serene pond, 2 detached garages, an attached garage, a storage area, and 2 private water wells, all of which add to tenant appeal and retention. If you're looking to expand your portfolio, this fully-occupied property is an excellent investment with substantial upside in a desirable area. Enjoy the convenience of being close to Jacksonville International Airport and Rivercity Market Place.
For more details:
Listed by: Phillip Poe
For more details:
Listed by: Phillip Poe