1427 HART Street

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1427 HART Street

Jacksonville, FL 32209
Asking Price
$189K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Jacksonville
  • Two-unit residential asset located at 1427 Hart Street
  • Asking price for the property is set at 189000 dollars
  • Asset situated within a growing Florida metropolitan rental market
  • Suitable investment for those seeking small-scale multifamily holdings

What's Special

This multifamily property at 1427 Hart Street in Jacksonville, Florida, is currently listed for sale and provides an entry-level acquisition for investors seeking to expand their residential holdings. Comprising two units, the apartment building functions as a manageable asset in a market characterized by consistent demand for rental housing. Jacksonville serves as a major commercial and logistics hub in Northeast Florida, benefiting from a diverse economy and a steady influx of new residents. Its strategic location offers accessibility to key transportation corridors and the amenities of the downtown region. Prospective buyers may find this asset suitable for long-term hold strategies or as part of a value-add portfolio in a growing metropolitan area. The property remains well-positioned to serve tenants looking for reliable rental options within this established urban submarket.

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NOI
$80,000
Cap Rate
42.33%
DSCR
7.13
Strong
Cash-on-Cash
121.30%
Monthly Payment
$935.069
Annual Cash Flow
$68,779.173

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