MLS Name : SOMO MLS.
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Details
Investment Opportunity in Hilliard, FL: A 18-Unit Multifamily Gem Discover a lucrative investment opportunity in the heart of Hilliard, Florida, with this impressive 18-unit multifamily building available for $1,299,900. This property boasts a remarkable yearly return on investment (ROI) of over 13% yearly, making it a standout addition to your real estate portfolio. With a prime location just off Highway 1, you're only minutes away from the Georgia border and a quick 25-minute drive to Jacksonville, making it an ideally situated asset for both tenants and investors alike. The building features two spacious 3-car garages, offering added value and flexibility for potential use as storage units, additional apartments, or even a coin laundry facility. This property has several long term tenants who pay on time! Property also has many updates including new roof in 2017, new well pump in 2024, new flooring in 2020, new toilets and sinks in 2020, New AC units in 2022.PROPERTY FEATURES
Utilities :
Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected
Water Source :
Well
Sewer Source :
Septic Tank
Electric :
Underground
Fencing :
Chain Link
Lot Features :
Cleared, Few Trees, Irregular Lot
Road Frontage Type :
Highway
Road Surface Type :
Asphalt, Gravel, Paved
Current Use :
Residential
Pool Features:
In Ground, Fenced
Other Structures:
Shed(s), Workshop
PROPERTY DETAILS
Street Address: 553597 US HIGHWAY 1
City: Hilliard
State: Florida
Postal Code: 32046
County: Nassau
MLS Number: 2080126
Courtesy of US REALTY HUB
City: Hilliard
State: Florida
Postal Code: 32046
County: Nassau
MLS Number: 2080126
Courtesy of US REALTY HUB
Courtesy of ENGEL & VOLKERS FIRST COAST
