Price Reduction - No HOA Fees
Address
1310 Willow Branch AVE Jacksonville, FL
Price
$ 2,150,000
Property Attributes
  • MLS#883389
  • TypeApartment
  • CountyDUVAL
  • CityJacksonville
  • AreaAvondale
  • NeighborhoodIngelside Park
  • Zip32205
  • StyleGarden Apartment,Multi Units
  • Price$ 2,150,000
  • Bedrooms24
  • Full Bathrooms24
  • Half Bathrooms0
  • Sqr Footage16534
Listing Provided Courtesy Of:
WARREN & COMPANY
Property Description

Outstanding Value-Add Opportunity! $100+ Rent Premiums Achievable- Rents are currently well below market. Most recent lease was $150 above previous tenant, leased within 14 days of listing. There is also a unit currently used as an office, generating no income. This is a rare opportunity to secure one of the most distinctive rental properties in Jacksonville. Consisting of 24 units, Amelia Apartments is one of the larger Apartment communities in the Riverside/Avondale market. Well kept with renovation and careful restoration over the years including CHA, Hardwood Flrs, updated Kit's and Ba's. Exterior painted in 2015. Duro-Last roof is under warranty. TENANTS PAY ALL UTILITIES. Tenant quality is impeccable w/ many long term residents. New laundry room with 3 coin-op w/d.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
5/22/2017 Listed $2,300,000
10/7/2017 7% - $2,150,000

General Features

# of Buildings 1 Building
Annual Fees & Income: Grs Pot Annual Rent 179136.00
Annual Fees & Income: Occupancy Rate 100.00
Annual Rent 180252.00
Category Investment Income/Apartment
Common Name Of Sub AVONDALE
Listing Status Active
Present Tenant Exp All Electric, Security Deposit, Sewer, Water
Subdivision INGELSIDE PARK

Interior Features

Cooling Central Cooling
Full Baths 24
Heating Central Heating
Living Area 16534.00
Total # Of Units 24
Unit Info: # 1 Bedroom Units 13
Unit Info: # Efficiency Units 11
Unit Info: Total # Units 24

Exterior Features

Navigable to Ocean No
Parking Facilities 1 Space P/Unit
Pool No Pool
Road Surface Asphalt Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32205

Price
AVG $570K
$2.15M
Visits
AVG 31
52
Year Built
AVG 1939
1926
Walkscore
AVG 67
68

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