$600,000
5709 SUE Lane
Jacksonville, FL 32210
MLS# 1243318
Status: Closed
10 beds  |  7 baths


5709 SUE Lane, Jacksonville, FL 32210
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Property Description
Multiple offers received Highest and Best offers by 5pm Wednesday August 30th 7 single family homes on two lots...super cute tiny home village! This package of homes includes four 1 bedroom/1 bath units with central air and approx 575 sq ft. Also including three 2 bedroom/1 bath units 800 sq ft with central air, laundry in unit and all are connected to septic systems. The property is fully rented with long term MTM tenants. Current monthly rental income is $4330. This original owner is ready to pass this property on to an investor that has a vision for this unique opportunity. Each unit has parking and privacy! Imagine the possibilities with multiple homes on this one property. 3 units have new appliances. No pets for over 50 years! Fully rented and ready for new owners

Details
Documents
Contract Information
Current Price: $600,000
Sold Price: $600,000
Status: Closed
Listing Contract Date: 2023-08-16
Buyer Brokerage Compensation: 2.5
Transaction Broker Compensation: 2.5
Transaction Broker Compensation Type: %
Location, Tax, and Legal
Street Number: 5709
Street Name: SUE
Street Suffix: Lane
County: Duval
State: FL
Postal Code: 32210
Parcel Number: 1031310005
Subdivision Name: Ortega Farms
MLS Area Major: 055-Confederate Point/Ortega Farms
General Property Information
Number Of Units Total: 7
Bedrooms Total: 10
Bathrooms Total: 7
Bathrooms Full: 7
Living Area: 2304
Living Area Source: Public Records
Year Built: 1969
Waterfront YN: No
Stories Total: 1
Stories: 1
Directions: I-295 N, at Exit 10, head right on the ramp for US-17 toward Park Ave, then Turn left onto FL-134 / Timuquana Rd & continue to Seaboard Ave. No sign. Please do not disturb tenants without appt
Public Remarks: Multiple offers received Highest and Best offers by 5pm Wednesday August 30th 7 single family homes on two lots...super cute tiny home village! This package of homes includes four 1 bedroom/1 bath units with central air and approx 575 sq ft. Also including three 2 bedroom/1 bath units 800 sq ft with central air, laundry in unit and all are connected to septic systems. The property is fully rented with long term MTM tenants. Current monthly rental income is $4330. This original owner is ready to pass this property on to an investor that has a vision for this unique opportunity. Each unit has parking and privacy! Imagine the possibilities with multiple homes on this one property. 3 units have new appliances. No pets for over 50 years! Fully rented and ready for new owners
List Price/SqFt: 260.37
Sold Price/SqFt: 260.42
Status Change Information
Major Change Timestamp: 2023-11-22T15:23:34Z
Major Change Type: Status Change
Purchase Contract Date: 2023-09-11
Close Date: 2023-11-21
Close Price: 600000
Historical Information
Public Historical Remarks 1: # 1 Bedroom Units: 4, Type-Multi Units: Y, Walk-in Closets: Y, Occupancy Rate: 100, Present Common Exp: Water, Number of Buildings: 4+ Buildings, Present Rental Terms: Month to Month, Two Bedroom Rentals: $701 to $800/Month, One Bedroom Rentals: $501 to $600/Month
Public Historical Remarks 2: Number of Units-5 - 10 Units: Y, # 2 Bedroom Units: 3, Type-Sngl Family-Detached: Y, Lot Location-Urban/City: Y, Present Tenant Exp: All Electric
Public Historical Remarks 3: Occupant Type: Listing Agent Must Accompany, See Private Remarks, Tenant Occupied, Restricted Hours, No Sign on Property, Appointment
Property Features
Appliances: Electric Range; Electric Water Heater; Refrigerator
Construction Materials: Frame; Wood Siding
Cooling: Central Air; Electric
Flooring: Carpet; Laminate
Heating: Central; Electric
Listing Terms: Cash
Owner Pays: Grounds Care; Management; Repairs
Parking Features: Assigned; Guest; On Street
Pool Features: None
Possession: Negotiable
Road Surface Type: Asphalt
Roof: Shingle
Sewer: Septic Tank
Water Source: Public

Listing Office: JPAR CITY AND BEACH

Last Updated: December - 09 - 2023


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in reciprocal agreements.

Information deemed reliable but not guaranteed.