2901 Silver St

$700,000

  • 13 Beds
  • 8 Baths
  • 6,421 Sqft

About This Property

Just a short distance to the hear of Springfield and Downtown is probably one of the most unique multifamily units in the city. Surrounded by preservation, rich history, and academics is a 7 unit gem waiting to be extracted and polished with your touch. Yes, there's room to add value--make your improvements, perhaps raise rental rates or even utilize the remainder of the lot. With proper approval, build another unit, create parking, the possibilities exist. This brick beauty is comprised of the following units: (1) 3bd/2ba, (4) 2bd/1ba, (2) 1bd/1ba. Each unit metered separately. Just a short distance to the hear of Springfield and Downtown is probably one of the most unique multifamily units in the city. Surrounded by preservation, rich history, and academics is a 7 unit gem waiting to be extracted and polished with your touch. Yes, there's room to add value--make your improvements, perhaps raise rental rates or even utilize the remainder of the lot. With proper approval, build another unit, create parking, the possibilities exist. This brick beauty is comprised of the following units: (1) 3bd/2ba, (4) 2bd/1ba, (2) 1bd/1ba. Each unit metered separately. Courtyard in back of building, with all units having a front & back porch. No W/D hookups. Current Cash flow $5,000/mo. Annual expenses under $1,500 (owner does most of all work). No pro forma or record of expenses. Pluming & electrical 90% updated with most units have having light updating. Cash, Hard or Private Money. May consider Conventional. Schedule your personal showing as we continue to practice safety during this time with COVID-19.

Essential Information

MLS® #1052418
Price$700,000
Bedrooms13
Bathrooms8.00
Full Baths8
Square Footage6,421
Year Built1936
TypeInvestment Income/Apartment
Sub-TypeMulti Family
StatusActive
Days on Market22

Community Information

Address2901 Silver St
SubdivisionSpringfield Annex
CountyDUVAL
StateFlorida
Zip Code32206

Area

076-downtown Jacksonville-eastside

Amenities

AmenitiesWood Floors
UtilitiesSewer - Public, Water - Public
PoolNo Pool

Parking

On-Street Parking, 11 - 25 Spaces

Interior

HeatingWindow/Wall Unit
CoolingWindow/Wall Unit
# of Stories2
Stories2 Stories

Appliances

Range - Electric, Refrigerator, Wash/Dry Connection

Exterior

ExteriorBrick Front
Lot DescriptionIrregular Lot
RoofShingle Roof

Additional Information

Days on Market22

Listing Details

OfficeONE REALTY CORP

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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 Phyllis Frankel Realty Group are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Listing information last updated on May 30th, 2020 at 7:53am EDT.

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