1411 N Jefferson St Active Save Request In-Person Tour Request Virtual Tour
Jacksonville,FL 32209
Key Details
Property Type Commercial
Sub Type Multifamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 244419
Full Baths 2
HOA Y/N No
Year Built 1952
Annual Tax Amount $12,303
Tax Year 2023
Lot Size 0.450 Acres
Acres 0.45
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 25 unit building with zero occupied units. The value is in the land and the trasferable right to build 25+ units. There is a possibility the city will allow a rehab. 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 N
Building
Story 1
Level or Stories 1