2523 FORBES Street, Jacksonville, FL 32204
$570,000
Property Type:
Residential Income
Bedrooms:
6
Baths:
6
Square Footage:
3,468
Status:
Closed
Current Price:
$570,000
List Date:
8/26/2019
Last Modified:
1/27/2025
Overview
Description
Listing Details MLS# 1012842
General Property Information
- Number Of Units Total
- 6
- Bedrooms Total
- 6
- Bathrooms Total
- 6
- Bathrooms Full
- 6
- Living Area
- 3468
- Living Area Source
- Public Records
- Year Built
- 1927
- Lot Size Dimensions
- 50x117.5
- Pool Private YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Stories Total
- 2
- Stories
- 2
- Directions
- from 5 points, west on Park st, north on Stockton, west on Forbes, property on rigth across from Church of the Good Shepherd.
- Public Remarks
- Riverside 6 unit property. Location, condition & consistent income producer. Over $50k in annual income. Front unit is a classic Riverside quad with 4 units renting at $740/mth & rear bldg is a 2 unit w/ alley access & each apt renting at $630/mth. Parking in front, off alley & in front of church across the street. 4 HVAC units replaced in last couple years, recent roof insp, full ext paint in last yr & water supply lines all upgraded to PVC. Located just a few blocks from both 5 Points entertainment district as well as Park and King commercial. Grocery stores, tons of restaurants, City parks & lots more activities just steps away. Property is fully occupied & with minor updating rents could be over $850/mth. A solid place to park your cash w/all the recent stock market uncertainty.
- List Price/SqFt
- 169.55
- Sold Price/SqFt
- 164.36
Property Features
Appliances:
Electric Oven; Electric Range; Electric Water Heater; Refrigerator
Construction Materials:
Brick; Other
Cooling:
Central Air
Flooring:
Wood
Heating:
Central
Listing Terms:
Cash; Conventional
Owner Pays:
Sewer; Water
Parking Features:
Parking Lot; Unassigned; Other
Pool Features:
None
Possession:
Other
Road Surface Type:
Asphalt
Roof:
Shingle
Sewer:
Public Sewer
Utilities:
Cable Connected
Water Source:
Public
Contract Information
- Listing Contract Date
- 2019-08-26
- Property Sub Type
- Duplex
Location Tax and Legal
- Street Number
- 2523
- Street Name
- FORBES
- Street Suffix
- Street
- County
- Duval
- State
- FL
- Postal Code
- 32204
- Subdivision Name
- Riverside
- MLS Area Major
- 031-Riverside
Status Change Information
- Major Change Timestamp
- 2023-11-20T12:16:02Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2019-10-11T13:54:45Z
- Purchase Contract Date
- 2019-11-10
- Close Date
- 2019-12-16
- Close Price
- 570000
Income and Expenses
- Gross Income
- 50640
More Information
Historical Information
- Public Historical Remarks 1
- # 1 Bedroom Units: 6, Type-Multi Units: Y, Occupancy Rate: 100, Number of Buildings: 2 Buildings, One Bedroom Rentals: Over $600/Month
- Public Historical Remarks 2
- Annual Rent: 50640.00, Number of Units-5 - 10 Units: Y, Annual Utilities: 1800, Present Tenant Exp: All Electric
- Public Historical Remarks 3
- Type: Multi Units, Type: Four-Plex
Listing Office:
TRADITIONS REALTY LLC
Last Updated: January - 27 - 2025
Information deemed reliable but not guaranteed.