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$400,000   Price Analysis
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5629 Ricker Rd
Jacksonville, FL 32244
8 bed 4 bath 1,320 SqFt ($303/SqFt)
0.72 acre lot. Built 1958
Listed 2024-03-15, Taxes $1,537
Ⓧ USDA Ineligible
due to location

near Jacksonville

2 DUPLEXES POTENTIAL INCOME OPPORTUNITY LARGE BACKYARD Attention Investors!

* Has Contingent Offer *

Multifamily Property in Jacksonville. This income-generating property in Westside, Jacksonville boasts a strong cap rate of 7% and ffers excellent value-add potential. Here are some key features: It's a multifamily property with two duplexes (4 total units).

Each unit is 2 bedrooms and 1 bathroom, so a total of 8 beds/4 baths. This property is in a prime location - minutes from I- 295. All units currently occupied, providing immediate rental income. And there is opportunity to increase revenue through rent optimization. Don't miss out on this chance to add a stable and profitable asset to your portfolio. Schedule a showing today!


Presented by Chad Neumann at
CHAD AND SANDY REAL ESTATE GROUP.
Listing Agent Photo

Property MLS #2014292 from realMLS

Bedrooms: 8

Total Bathrooms: 4
Full Bathrooms: 4

Primary Bathroom - Tub with Shower
Flooring: Carpet, Tile

Refrigerator

Cooling Features: Central Air, Electric
Heating Features: Central, Electric
Heating: Yes

Dead End Street
Lot Size Acres: 0.72
Lot Size Square Feet: 31363

Patio And Porch Features: Awning(s)
Road Surface Type: Asphalt, Dirt

Parking Features: Additional Parking, Shared Driveway

Elementary School: Jacksonville Heights
High School: Westside High School

Jacksonville Heights Elementary School is a public elementary school located approximately 0.4 miles away.
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Westside High School is a public high school located approximately 0.4 miles away.
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Jefferson Davis Middle School is a public middle school located approximately 0.9 miles away.
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Builders of the Faith Christian Academy is a private elementary and middle school located approximately 0.3 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 1175
Source Listing Status: Active Under Contract
County: Duval
Current Use: Multi-Family
Directions: Continue on I-95 N. Take I-10 W and I-295 S to FL-134 W/103rd St. Take exit 16 from I-295 S Continue on FL-134 W/103rd St. Drive to Ricker Rd Turn left onto Ricker Rd - Destination will be on the left
Tax Year: 2023
Source Property Type: Residential
Area: 063-Jacksonville Heights/Oak Hill/English Estates
MLS Area Minor: 063-Jacksonville Heights/Oak Hill/English Estates
Source Neighborhood: Jacksonville Heights
Parcel Number: 0145370000
Subdivision: Jacksonville Heights
Zoning Description: Multi Family
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$64,081
$1,537
2021$unknown + $unknown
$58,256
$1,410
2020$unknown + $unknown
$52,960
$1,345
2019$39,438 + $8,708
$48,146
$1,222
2018$36,732 + $8,708
$45,440
$1,181
2017$33,962 + $8,062
$42,024
$1,128
2016$30,500 + $8,062
$38,562
$1,078
2015$33,067 + $8,062
$41,129
$1,139
2014$unknown + $unknown
$38,594
$1,099
2013$unknown + $unknown
$37,585
$1,083
2012$unknown + $unknown
$40,811
$1,097
2011$unknown + $unknown
$42,624
$1,127
2010$unknown + $unknown
$52,303
$1,183
2009$unknown + $unknown
$54,523
$943
2008$unknown + $unknown
$62,390
$1,029
2007$unknown + $unknown
$54,312
$906

Listed 2024-03-15
$400,000
realMLS
Listed 2024-03-15
$400,000
realMLS

Total Square Feet Living: 1320
Year Built: 1958
Building Exterior Type: Block
Construction Materials: Block
Entry Level: 1
Living Area Source: Public Records
Property Age: 66
Property Attached: Yes
Roof: Shingle
Architectural Style: Traditional

Sewer: Public Sewer
Electricity Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.