1129 GROTHE ST Jacksonville, FL 32209
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,160 sqft
Price per Sqft $61
Subdivision Not Validd
MLS Listing ID 2157158
Style A-Frame
Bedrooms 7
Full Baths 4
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1915
Annual Tax Amount $3,332
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Single Family Residence
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
Attention investors! Don't miss this exceptional opportunity to add a spacious **7-bedroom, 4-bathroom multi-family property** to your portfolio, thoughtfully configured as a **4-bedroom, 2-bathroom unit on one floor and a 3-bedroom, 2-bathroom unit on the other floor**. This desirable layout offers strong rental appeal and excellent income-producing potential in a market with consistent demand.
Whether you're a seasoned investor looking to expand your portfolio or a buyer interested in house hacking by living in one unit while renting out the other, this property provides flexibility, privacy, and long-term value. The well-balanced unit mix allows for strong rental positioning, with each floor offering comfortable living space that appeals to quality tenants and supports competitive rental rates. **Investor Opportunity! Income-Producing Multi-Family Property**
Attention investors! Don't miss this exceptional opportunity to add a spacious **7-bedroom, 4-bathroom multi-family property** to your portfolio, thoughtfully configured as a **4-bedroom, 2-bathroom unit on one floor and a 3-bedroom, 2-bathroom unit on the other floor**. This desirable layout offers strong rental appeal and excellent income-producing potential in a market with consistent demand.
Whether you're a seasoned investor looking to expand your portfolio or a buyer interested in house hacking by living in one unit while renting out the other, this property provides flexibility, privacy, and long-term value. The well-balanced unit mix allows for strong rental positioning, with each floor offering comfortable living space that appeals to quality tenants and supports competitive rental rates.
With the right rental strategy, this property has the potential to generate strong monthly cash flow and solid long-term returns. Investors can analyze market rents, operating expenses, and financing options to determine overall profitability and potential cap rate based on local conditions.
Conveniently located near schools, shopping, public transportation, major highways, and employment centers, this property is ideally situated to attract reliable tenants and maintain strong occupancy rates.
Schedule your private showing today and explore the income potential and versatility this outstanding investment opportunity has to offer!
Location
State FL
County Duval
Community Not Validd
Area 075-Trout River/College Park/Ribault Manor
Direction Exit the parking lot toward Adams St Turn right onto Adams St, Turn right onto Ocean St, Use the left 2 lanes to turn left onto US-17 S/E State St, Continue to follow US-17 S, Continue straight onto US-23 N/Kings Rd, Turn right onto Myrtle Ave N, Turn right onto Grothe St Destination will be on the left
Interior
Heating Central, Separate Meters
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Tile
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Balcony
Parking Features Off Street
Fence Chain Link
Utilities Available Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
Roof Type Shingle
Porch Front Porch
Garage No
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style A-Frame
Structure Type Vinyl Siding
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 0538030000
Acceptable Financing Cash
Listing Terms Cash
NEARBY SCHOOL & BUSINESS
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