2523 FORBES Street, Jacksonville, FL 32204
New Listing
$979,000
Property Type:
Residential Income
Bedrooms:
6
Baths:
6
Square Footage:
3,468
Lot Size (sq. ft.):
5,663
Status:
Active
Current Price:
$979,000
List Date:
5/13/2025
Last Modified:
5/14/2025
Description
Don't miss out on a prime opportunity to add this income producing property to your portfolio. It is nestled in the heart of the charming, popular and historic Riverside neighborhood. This is known as one of Jacksonville's most walkable and scenic areas to live in! 6 apartments with timeless character in 2 separate buildings. All units are 1 bedroom/1 bath, occupied and profitable! Off street parking is available in front of the property and alley access in the back of the property. Buyer to do their own due diligence. See documents for additional information.
More Information MLS# 2087205
Contract Information
Current Price: $979,000
List Price: $979,000
Status: Active
Listing Contract Date: 2025-05-12
Property Sub Type: Multi Family
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
General Property Information
Number Of Buildings: 2
Number Of Units Total: 6
Bedrooms Total: 6
Bathrooms Total: 6
Bathrooms Full: 6
Living Area: 3468
Living Area Source: Assessor
Accessibility Features YN: No
New Construction YN: No
Year Built: 1927
Garage YN: No
Carport YN: No
Parking Total: 6
Lot Size Acres: 0.13
Association YN: No
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: 2
Stories: 2
Senior Community YN: No
Directions: On Forbes Street between Barrs Street and Stockton Street
Public Remarks: Don't miss out on a prime opportunity to add this income producing property to your portfolio. It is nestled in the heart of the charming, popular and historic Riverside neighborhood. This is known as one of Jacksonville's most walkable and scenic areas to live in! 6 apartments with timeless character in 2 separate buildings. All units are 1 bedroom/1 bath, occupied and profitable! Off street parking is available in front of the property and alley access in the back of the property. Buyer to do their own due diligence. See documents for additional information.
List Price/SqFt: 282.3
Status Change Information
Major Change Timestamp: 2025-05-13T02:57:21Z
Major Change Type: New Listing
Currently Not Used
Property Attached YN: No
yn11: No
Income and Expenses
Gross Income: 64775
Gross Scheduled Income: 70980
Net Operating Income: 32638
Operating Expense: 32137
Unit 1 Details
Unit ID: 1
Actual Rent: 1050
Unit SqFt: 600
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Lease
Unit 2 Details
Unit ID: 2
Actual Rent: 975
Unit SqFt: 600
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Lease
Unit 3 Details
Unit ID: 3
Actual Rent: 1000
Unit SqFt: 600
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Lease
Unit 4 Details
Unit ID: 4
Actual Rent: 1050
Unit SqFt: 600
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Lease
Unit 5 Details
Unit ID: 5
Actual Rent: 1000
Unit SqFt: 600
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Lease
Unit 6 Details
Unit ID: 6
Actual Rent: 840
Unit SqFt: 600
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: MTM Legacy
Property Features
Cooling: Central Air
Current Use: Multi-Family
Heating: Central; Natural Gas
Levels: Two
Listing Terms: Cash; Conventional
Lot Features: Few Trees; Historic Area
Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; HVAC Maintenance; Insurance; Management; Pest Control; Repairs; Roof Maintenance; Taxes; Trash Collection
Parking Features: Off Street
Possession: Close Of Escrow
Road Frontage Type: Alley; City Street
Road Surface Type: Asphalt
Roof: Shingle
Sewer: Public Sewer
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Documents
Rent Report ›Listing Office: CROSSVIEW REALTY
Last Updated: May - 14 - 2025
Information deemed reliable but not guaranteed.
