2160 RIVERSIDE Avenue, Jacksonville, FL 32204

$1,850,000
Property Type: Residential Income Bedrooms: 16 Baths: 8 Square Footage: 7,026 Status: Closed
Current Price: $1,850,000 List Date: 7/09/2021 Last Modified: 2/08/2025

Description

Renaissance Riverside Apartments-Tremendous turn-key opportunity to secure this flagship mid-century modern in the heart of Riverside. (8) 2/1 units. Completely remodeled with smart high end upgrades. Quartz countertops, all SS appliances-Frigidaire Gallery refrigerator, stove, built-in MW, DW, double sink, disposal. Over-sized 42'' cabinetry. Elfa closet systems. Washer/dryers in each unit. These upscale units are attracting an excellent tenant profile. Rent escalations with every new lease. Tenants also pay for W/S, trash, pest control. Covered parking. A+ location, high walkability score, 1 block walk to the river, Publix & Starbucks, restaurants, shopping. 2 miles to downtown. Owner locks in immediate income at closing and will continue to be rewarded as a solid long term investment.

More Information MLS# 1110405

Contract Information

Current Price: $1,850,000 Sold Price: $1,850,000 Status: Closed Listing Contract Date: 2021-05-17

Location Tax and Legal

Street Number: 2160 Street Name: RIVERSIDE Street Suffix: Avenue County: Duval State: FL Postal Code: 32204 Subdivision Name: Riverside MLS Area Major: 031-Riverside

General Property Information

Number Of Units Total: 8 Bedrooms Total: 16 Bathrooms Total: 8 Bathrooms Full: 8 Living Area: 7026 Living Area Source: Public Records Year Built: 1953 Garage Spaces: 6 Pool Private YN: No Waterfront YN: No Stories Total: 2 Stories: 2 Directions: From 5 Points South on Margaret to Riverside Ave. Right on Riverside to property on left. Corner of Riverside and Copeland. Public Remarks: Renaissance Riverside Apartments-Tremendous turn-key opportunity to secure this flagship mid-century modern in the heart of Riverside. (8) 2/1 units. Completely remodeled with smart high end upgrades. Quartz countertops, all SS appliances-Frigidaire Gallery refrigerator, stove, built-in MW, DW, double sink, disposal. Over-sized 42'' cabinetry. Elfa closet systems. Washer/dryers in each unit. These upscale units are attracting an excellent tenant profile. Rent escalations with every new lease. Tenants also pay for W/S, trash, pest control. Covered parking. A+ location, high walkability score, 1 block walk to the river, Publix & Starbucks, restaurants, shopping. 2 miles to downtown. Owner locks in immediate income at closing and will continue to be rewarded as a solid long term investment. List Price/SqFt: 283.95 Sold Price/SqFt: 263.31

Status Change Information

Major Change Timestamp: 2021-08-18T13:02:51Z Major Change Type: Status Change Purchase Contract Date: 2021-07-19 Close Date: 2021-08-16 Close Price: 1850000

Historical Information

Public Historical Remarks 1: Type-Multi Units: Y, Number of Buildings: 1 Building Public Historical Remarks 2: Annual Rent: 154320.00, Number of Units-5 - 10 Units: Y, # 2 Bedroom Units: 8 Public Historical Remarks 3: Current Zoning: RO

Property Features

Cooling: Central Air Heating: Central Parking Features: Covered; On Street Pool Features: None Possession: Negotiable Road Surface Type: Asphalt
Listing Office: WARREN & COMPANY
Last Updated: February - 08 - 2025
Information deemed reliable but not guaranteed.