Beautiful 4-unit multifamily property in Riverside priced to Sell! 100% occupied, each unit consists of 1 bedroom and 1 bathroom, with an average rent of $984 per unit plus $35 for water reimbursement. One unit is on a month-to-month lease, providing flexibility for the new owner. Recent upgrades including a new roof in Nov 2024, remodeled kitchens & baths, new hot water heaters, refinished hardwood floors. All ACs were replaced within the last few years. Additional features include large front patios/balconies, gas stoves and abundant off-street parking. Situated in a prime Riverside location, the property is just steps away from the Shops of King Street. Don't miss out!
831 KING Street, Jacksonville, FL, 32204
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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