2614 COLLEGE Street 1-4

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2614 COLLEGE Street 1-4

Jacksonville, FL 32204
Asking Price
$535K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Four-unit multifamily apartment building available for purchase
  • Asset located within the 32204 zip code in Jacksonville
  • Offered for sale at a list price of $535,000
  • Suitable for investors managing residential rental housing assets
  • Positioned in a growing metropolitan market in Florida

What's Special

This multifamily apartment building is for sale, presenting a steady investment vehicle for those seeking to build their portfolio in the Jacksonville market. Situated at 2614 College Street, the property comprises four individual units. Jacksonville maintains a resilient regional economy anchored by a diverse mix of logistics, healthcare, and financial services, making it a consistent destination for rental housing demand. The asset serves as a functional addition to a local investment strategy, particularly for operators focused on small-scale multifamily holdings in an established urban environment. Its location within the 32204 ZIP code provides residents access to the character and walkability typical of historic Florida neighborhoods. Investors can leverage this four-unit layout for long-term residential leasing or value-add improvements to align with the current rental trends of the metropolitan area. The property remains well-positioned to benefit from the ongoing growth and demographic shifts occurring across the broader Jacksonville region.

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NOI
$80,000
Cap Rate
14.95%
DSCR
2.52
Strong
Cash-on-Cash
30.05%
Monthly Payment
$2,646.888
Annual Cash Flow
$48,237.343

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