Price Reduced 4.44%
Price History
$225,000
6/17/2024
$220,000
7/16/2024
$215,000
8/7/2024
0 FRANKLIN Street, Jacksonville, FL, 32206
This parcel of land, zoned RMD-A, is your chance to build 6 townhomes to hold as rentals or sell off individually. Seller has architectural and structural engineering plans for the 6 townhomes, that will convey with the sale. Seller has already gotten the Administrative Deviation needed for on-street guest parking. This parcel is on the corner of Franklin and Dyal St. Lot measures 145'x88'. City sewer and water are available. Seller has 2 other parcels on this block for sale as well, totaling up to 14 townhomes that can be built (MLS#2032085 & 2032086). Properties are located in an up and coming area with close proximity to Historic Springfield, Phoenix Arts District, Downtown Jax, and the Sports & Entertainment District. Properties have a close one block walk to Edwards Park and newly built Emerald Trail, a pedestrian bike/walk-path that links parks around the city and urban core areas. Projected Pro Forma located in documents tab. 11% ROI 1st year once built, 17% ROI by year 5.
Status:
Active
Type:
Lot / Acreage
Subdivision:
Dyal Upchurch
Lot Size:
145 x 88
Acreage:
0.29
Est. Taxes:
$438
Current Use
Unimproved
Utilities
Electricity Available, Sewer Available, Water Available
Lot Description:
Few Trees
MLS #:
2032083
Community Info
School Info
Walk Score
Yelp
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