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    681 Rainer Rd , #3

    Baldwin, FL 32234
    • $600,000
    • STATUS: Active
    • ON SITE: 160 days
    • MLS #: 1049299
    UPDATED: 61 min ago
    $600,000
    • 30
      BEDS
    • N/A
      ACRES
    • 15
      BATHS
    • 0
      1/2 BATHS
    • 12,132
      SQFT
    • $49
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Ratings & Info

    Description

    VERY UNIQUE OPPORTUNITY TO ADD VALUE, Increase Cash Flow and experience significant ROI with the purchase of this multi family property. Property includes two Quad Plexes and seven mobile homes. Some of the mobile homes need work and are currently unoccupied. Please see pro forma under documents section for current and projected financial performance. As units are brought on line, Sales Price will increase. Both quad plexes have been 100% occupied since current owner purchased. With some additional investment, property rents for all units could be increased. Truly an opportunity to purchase a property at discount that has the potential to be a marquee investment.

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    © 2020 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Hanley Home Team at Keller Williams Realty Atlantic Partners Southside are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2020-09-27T15:26:26.31.

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    681 Rainer Rd , #3 Baldwin, FL 32234

    • Price: $600,000
    • Status: Active
    • Updated: 61 min ago
    • MLS #: 1049299
    30
    Beds
    15
    Baths
    0
    ½ Baths
    N/A
    Acres
    12,132
    SQFT
    $49
    $/SQFT
    1980
    Built
    Neighborhood:
    Baldwin
    County:
    Duval
    Area:
    08-Marrietta/Whitehouse/Baldwin/Garden St/Dinsmre
    Property Description
    VERY UNIQUE OPPORTUNITY TO ADD VALUE, Increase Cash Flow and experience significant ROI with the purchase of this multi family property. Property includes two Quad Plexes and seven mobile homes. Some of the mobile homes need work and are currently unoccupied. Please see pro forma under documents section for current and projected financial performance. As units are brought on line, Sales Price will increase. Both quad plexes have been 100% occupied since current owner purchased. With some additional investment, property rents for all units could be increased. Truly an opportunity to purchase a property at discount that has the potential to be a marquee investment.
    Exterior Features

    Building Stories 2 Stories Lot Description Regular Lot Navigable To Ocean YN No Parking Facilities 11 - 25 SpacesNo Covered ParkingNot Assigned Parking Pool No Pool Road Surface Asphalt RoadGravel Road Roof Metal Waterfront YN No

    Interior Features

    Cooling Central CoolingWindow/Wall Unit Heating Central HeatingWindow/Wall Unit Major Appliances Range - ElectricRefrigerator Rental Includes Range/OvenRefrigerator

    Property Features

    Annual Insurance Exp 3600.00 Annual Property Tax 5040.00 Buildings 4+ Buildings Country Usa Exist Rental Income 68400.00 Grs Pot Annual Rent 144000.00 Historic Area No Legal Name Of Subdiv Baldwin Multifamily Type Four-PlexMulti Units Occupancy Tenant Occp Lease Possible Financing CashConventional Present Rental Terms Month To Month Square Foot Source Tax Roll Two Bedroom Rentals $501 To $600/Month Units 11 - 15 Units Utilities Sewer - PublicWater - Public

    Listing courtesy of Exp Realty, Llc..


    © 2020 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Hanley Home Team at Keller Williams Realty Atlantic Partners Southside are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2020-09-27T15:26:26.31.

    Digital Millennium Copyright Act
     
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    The Hanley Home Team at Keller Williams Realty Atlantic Partners Southside
    8702 Perimeter Park Blvd
    Jacksonville FL, 32216