126 W 6Th St Pending

Jacksonville,FL 32206

$ 500000

- Bed

2 Baths

- SqFt


Key Details

Property Type Commercial

Sub Type Multifamily

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 244416

Full Baths 2

HOA Y/N No

Year Built 1942

Annual Tax Amount $7,426

Tax Year 2023

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Multifamily

Property Description

1 of 4 properties for sale in a portfolio in the Springfield area of Jacksonville. This property is a 3 building, 12 unit complex with 4 units occupied. The other 8 units are ready to be leased. All properties in the portfolio are affordable housing properties and will be subject to the LURA in place. There is currently a tax credit that falls off 5/31/24 and the rental rates can increase. The buyer is responsible for all due diligence and figuring out what HUD will approve for the new rates in June of 2025.

Location

State FL

County Duval

Area 18 - Duval County

Direction W

Building

Story 2

Level or Stories 2

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