3040 WALTON Street, Jacksonville, FL 32207
$595,000
Property Type:
Residential Income
Bedrooms:
8
Baths:
4
Square Footage:
4,408
Lot Size (sq. ft.):
8,712
Status:
Pending
Current Price:
$595,000
List Date:
3/28/2025
Last Modified:
5/13/2025
Description
Clean and stable, brick St Nicholas Quadraplex, with 4 units (2 bedroom, 1 bath), rented on long-term leases for $1050-1150/mo. One unit (#3) is vacant for showings, and the other 3 have tenants who have stayed for 2 years. The property is under professional management, and should offer a turn-key transfer in an area with great transit and commute options, near major jobs, restaurants and retail. These units offer an easy affordable housing option to the new apartment buildings nearby, asking twice the rent. Contact agent for showings, rent rolls, P&L and pro formas.
More Information MLS# 2078204
Contract Information
Current Price: $595,000
List Price: $595,000
Status: Pending
Listing Contract Date: 2025-03-27
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 3040
Street Name: WALTON
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32207
Subdivision Name: Johnson Manor
MLS Area Major: 021-St Nicholas Area
General Property Information
Number Of Buildings: 1
Number Of Units Total: 4
Bedrooms Total: 8
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 4248
Living Area Source: Public Records
Building Area Total: 4408
New Construction YN: No
Year Built: 1953
Garage YN: No
Carport YN: No
Parking Total: 4
Lot Size Acres: 0.2
CDD Fee YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: 2
Entry Level: 1
Direction Faces: West
Senior Community YN: No
Directions: Take Atlantic Blvd about a mile East of San Marco. Turn Right on Walton St (at Mudville Grill), property is on the Left.
Public Remarks: Clean and stable, brick St Nicholas Quadraplex, with 4 units (2 bedroom, 1 bath), rented on long-term leases for $1050-1150/mo. One unit (#3) is vacant for showings, and the other 3 have tenants who have stayed for 2 years. The property is under professional management, and should offer a turn-key transfer in an area with great transit and commute options, near major jobs, restaurants and retail. These units offer an easy affordable housing option to the new apartment buildings nearby, asking twice the rent. Contact agent for showings, rent rolls, P&L and pro formas.
List Price/SqFt: 140.07
Status Change Information
Major Change Timestamp: 2025-05-13T17:33:40Z
Major Change Type: Status Change
Purchase Contract Date: 2025-04-09
Income and Expenses
Gross Income: 53711
Net Operating Income: 36899
Operating Expense: 16812
Unit 1 Details
Unit ID: 1
Actual Rent: 1100
Unit SqFt: 1000
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Hard Wood Floors
Unit 2 Details
Unit ID: 2
Actual Rent: 1150
Unit SqFt: 1000
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Hard Wood Floors
Unit 3 Details
Unit ID: 3
Actual Rent: 1150
Unit SqFt: 1000
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Hard Wood Floors
Unit 4 Details
Unit ID: 4
Actual Rent: 1050
Unit SqFt: 1000
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Hard Wood Floors
Property Features
Appliances: Electric Range; Refrigerator
Construction Materials: Brick
Cooling: Central Air
Current Use: Residential
Financial Data Source: Property Manager
Flooring: Wood
Heating: Central
Listing Terms: Cash; Conventional
Lot Features: Corner Lot
Owner Pays: Common Area Maintenance; Exterior Maintenance; Insurance; Janitorial Service; Management; Pest Control; Trash Collection
Parking Features: Off Street
Possession: Close Of Escrow
Road Frontage Type: City Street
Tenant Pays: All Utilities
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Lead Based Paint ›Listing Office: WATSON REALTY CORP
Last Updated: May - 13 - 2025
Information deemed reliable but not guaranteed.
