New Listing - 11/17/2024
1357 KINGSLEY Avenue, Orange Park, FL, 32073
1984
13,338 sqft
JPAR City & Beach proudly presents Kingswood Apartment Homes, a 12-unit multifamily property in the Town of Orange Park. The property consists of three quadplexes, featuring a mix of one & two-story townhomes. Recent renovations, including new kitchens, bathrooms, flooring, and more to all units ensure an above-average living experience for tenants, making it an ideal investment for absentee owners. The property's prime location near OPMC and major interstates makes it attractive to both residents and investors. With a current 25% market gap, strong demographics, high demand for rental housing, and additional income opportunities, this multi-family investment offers immediate stable income and significant upside potential. The RG-1 zoning potentially allows for short-term rentals and traveling nurse housing. Additional value-add opportunities for profitability and income growth may include adding amenities, STRs, further upgrading units, or developing additional units. Don't miss out!
Status:
Active
Type:
Commercial
Units:
12
Heating:
Central
Cooling:
Central Air
Acreage:
1.72
Est. Taxes:
$20,391
Current Use
Multi-Family, Residential
Lot Description:
Cleared
MLS #:
2057078
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