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$185,000
3 Beds ⋅ 2 Baths ⋅ 1,176 SqFt. ⋅ 8 DOM
Great opportunity to own an Income-producing property with 2BR/1BA main home + separate 1BR1BA studio, both tenant occupied and currently generating $2,150/month ($25,800/year) in combined gross rent. Both units remodeled within the last 2 years with updated flooring/carpet, paint, fixtures & more. Studio features separate breaker panel, upgraded electrical & water heater. Main house New roof 2017, HVAC 2017, Water Heater 2018. Excellent opportunity to acquire an occupied rental with two existing income streams. At a $185K, current rents equal approximately 14.7% gross annual yield before expenses. OR what a Great option to purchase it as your own home and Rent the 1 bedroom studio or use it as a mother-in-law suite. Do not disturb tenants. Showings by appointment only. Buyer to verify zoning, permitting, measurements & intended use. Tenants mentioned flexibility on their move out dates for potential occupancy at closing.

2860 Wickwire Street, Jacksonville
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