1724 COPELAND Street, Jacksonville, FL 32204
$800,000
Property Type:
Residential Income
Bedrooms:
6
Baths:
5
Square Footage:
3,586
Lot Size (sq. ft.):
6,970
Status:
Closed
Current Price:
$800,000
List Date:
6/20/2024
Last Modified:
3/06/2025
Listing Details MLS# 2032604
General Property Information
- Number Of Buildings
- 2
- Number Of Units Total
- 5
- Bedrooms Total
- 6
- Bathrooms Total
- 5
- Bathrooms Full
- 5
- Living Area
- 3586
- New Construction YN
- No
- Year Built
- 1924
- Garage YN
- No
- Carport YN
- No
- Lot Size Acres
- 0.16
- CDD Fee YN
- No
- Pool Private YN
- No
- Water Body Access YN
- No
- Directions
- Property is on the northwest corner of Copeland St. and St. Johns Ave.
- Public Remarks
- Property Highlights: 5-unit property well located in the highly desirable Historic Riverside neighborhood of Jacksonville, FL. Property consists of 4 one-bedroom units and a detached two-story two bedroom unit. All units have central HVAC and select units have in-unit washer/dryer (shared laundry on-site for remaining units). Extremely high barrier of entry to new supply in the submarket. Units that were previously operating as furnished rentals and are currently being kept vacant (3), along with in-place leases nearing expiration (2), allowing new ownership immediate optionality in operations and tenant placement. Potential opportunity to enhance revenue through furnished and shortterm rentals, which are popular in Riverside due to local employment drivers (St Vincent's, Downtown, Brooklyn) and local points of interest. Average Pro Forma Market Rent: $1,550 Surrounding Area Highlights: Excellent demographics - average household income of $100,298 and average home $513,581
- List Price/SqFt
- 250.98
- Sold Price/SqFt
- 223.09
Property Features
Cooling:
Central Air
Current Use:
Multi-Family
Heating:
Central
Listing Terms:
Cash; Conventional
Lot Features:
Corner Lot
Parking Features:
Off Street; On Street
Pool Features:
None
Possession:
Subject To Tenant Rights
Utilities:
Cable Available; Electricity Available; Electricity Connected; Sewer Available; Sewer Connected; Water Available; Water Connected
Contract Information
- Listing Contract Date
- 2024-06-19
- Property Sub Type
- Multi Family
Location Tax and Legal
- Street Number
- 1724
- Street Name
- COPELAND
- Street Suffix
- Street
- County
- Duval
- State
- FL
- Postal Code
- 32204
- Subdivision Name
- Riverside
- MLS Area Major
- 031-Riverside
Status Change Information
- Major Change Timestamp
- 2024-08-28T13:15:31Z
- Major Change Type
- Status Change
- Purchase Contract Date
- 2024-08-21
- Close Date
- 2024-08-28
- Close Price
- 800000
Unit 1 Details
- Unit ID
- 1724-1
- Unit SqFt
- 699
- Full Baths Total
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- Vacant
More Information
Unit 2 Details
- Unit ID
- 1724-2
- Actual Rent
- 1110
- Unit SqFt
- 699
- Full Baths Total
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- M2M
Unit 3 Details
- Unit ID
- 1724-3
- Unit SqFt
- 699
- Full Baths Total
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- Vacant
Unit 4 Details
- Unit ID
- 1724-4
- Actual Rent
- 1360
- Unit SqFt
- 699
- Full Baths Total
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- Lease ends 7/29
Unit 5 Details
- Unit ID
- 1718
- Unit SqFt
- 792
- Full Baths Total
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- Vacant
Listing Office:
SEVEN BRIDGES REALTY GROUP LLC
Last Updated: March - 06 - 2025
Information deemed reliable but not guaranteed.