3643 Herschel St, Jacksonville, FL 32205
This fully occupied four-unit apartment building in Jacksonville, Florida presents a compelling investment opportunity. Located at 3643 Herschel St, in the 32205 zip code, this 1928-built property underwent a complete renovation in 2024. The 3,708 square foot building sits on a 0.12-acre lot and boasts a desirable two-story design. The property features two spacious two-bedroom, one-bathroom units with high-end finishes and in-unit washer/dryers. Two additional units, a studio and a one-bedroom, one-bathroom, share a common laundry area. Residents enjoy two designated off-street parking spaces, supplemented by ample street parking. The property's financial performance is strong, with a 100% occupancy rate generating a monthly gross rent of $6,181. The roof was replaced in 2024. Utilities are a blend of master-metered water/sewer and individually metered electricity. Its prime location offers convenient access to the Shoppes of Avondale and Boone Park. This property is ideal for owner-occupants seeking rental income or investors interested in short-term rentals. The asking price is $899,000, translating to $242.45 per square foot and $224,750 per unit. The Duval County property (APN: 091821-0000) offers a rare blend of renovated charm and strong financial performance.
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