1129 GROTHE ST, Jacksonville, FL 32209
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$ 195,000
Est. payment | /mo

7 Beds

4 Baths

3,160 SqFt


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$ 195,000
Est. payment | /mo
Save

7 Beds

4 Baths

3,160 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,160 sqft

Price per Sqft $61

Subdivision Not Validd

MLS Listing ID 2157158

Style A-Frame

Bedrooms 7

Full Baths 4

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1915

Annual Tax Amount $3,332

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Single Family Residence

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

**Investor Opportunity! Income-Producing Multi-Family Property**
Attention investors! Don't miss this exceptional opportunity to add a spacious **7-bedroom, 4-bathroom multi-family property** to your portfolio, thoughtfully configured as a **4-bedroom, 2-bathroom unit on one floor and a 3-bedroom, 2-bathroom unit on the other floor**. This desirable layout offers strong rental appeal and excellent income-producing potential in a market with consistent demand.
Whether you're a seasoned investor looking to expand your portfolio or a buyer interested in house hacking by living in one unit while renting out the other, this property provides flexibility, privacy, and long-term value. The well-balanced unit mix allows for strong rental positioning, with each floor offering comfortable living space that appeals to quality tenants and supports competitive rental rates. **Investor Opportunity! Income-Producing Multi-Family Property**

Attention investors! Don't miss this exceptional opportunity to add a spacious **7-bedroom, 4-bathroom multi-family property** to your portfolio, thoughtfully configured as a **4-bedroom, 2-bathroom unit on one floor and a 3-bedroom, 2-bathroom unit on the other floor**. This desirable layout offers strong rental appeal and excellent income-producing potential in a market with consistent demand.

Whether you're a seasoned investor looking to expand your portfolio or a buyer interested in house hacking by living in one unit while renting out the other, this property provides flexibility, privacy, and long-term value. The well-balanced unit mix allows for strong rental positioning, with each floor offering comfortable living space that appeals to quality tenants and supports competitive rental rates.

With the right rental strategy, this property has the potential to generate strong monthly cash flow and solid long-term returns. Investors can analyze market rents, operating expenses, and financing options to determine overall profitability and potential cap rate based on local conditions.

Conveniently located near schools, shopping, public transportation, major highways, and employment centers, this property is ideally situated to attract reliable tenants and maintain strong occupancy rates.

Schedule your private showing today and explore the income potential and versatility this outstanding investment opportunity has to offer!

Location

State FL

County Duval

Community Not Validd

Area 075-Trout River/College Park/Ribault Manor

Direction Exit the parking lot toward Adams St Turn right onto Adams St, Turn right onto Ocean St, Use the left 2 lanes to turn left onto US-17 S/E State St, Continue to follow US-17 S, Continue straight onto US-23 N/Kings Rd, Turn right onto Myrtle Ave N, Turn right onto Grothe St Destination will be on the left

Interior

Heating Central, Separate Meters

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Tile

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Balcony

Parking Features Off Street

Fence Chain Link

Utilities Available Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected

Roof Type Shingle

Porch Front Porch

Garage No

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style A-Frame

Structure Type Vinyl Siding

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 0538030000

Acceptable Financing Cash

Listing Terms Cash

Listed by ZALLOUM REALTY LLC • KENETHA DAVIS

NEARBY SCHOOLS & PROPERTIES

Brian Chapman

"People Before Property"

 

+1(508) 932-7271

brian@roundtablerealty.com

1637 Race Track Rd suite 100, Johns, Florida, 32259

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1129 GROTHE ST