Price Reduced 14.29%
Price History
$700,000
9/16/2024
$600,000
12/17/2024
1411 N Jefferson St, Jacksonville, FL, 32209

2 Full baths
1952
17,580 sqft
1 of 4 properties for sale in a portfolio in the Springfield area of Jacksonville. This property is a 25 unit building with zero occupied units. The value is in the land and the trasferable right to build 25+ units. There is a possibility the city will allow a rehab. All properties in the portfolio are affordable housing properties and will be subject to the LURA in place. There is currently a tax credit that falls off 5/31/24 and the rental rates can increase. The buyer is responsible for all due diligence and figuring out what HUD will approve for the new rates in June of 2025.
Status:
Active
Type:
Commercial
Lot Size:
19602
Acreage:
0.45
Est. Taxes:
$12,303
MLS #:
244419
Community Info
School Info
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