Mixed-Use

202 N Washington

202 N Washington St, Jacksonville, FL 32202

Listing Price: $1,200,000

Cap Rate
3.42%
Number of Units
14
Price/Unit
$85,714
Price/Gross SF
$119.05
Gross SF
10,080

Investment Overview

The opportunity lies on the 2nd floor where the once fully residential building was renovated to accommodate 2 larger attorneys' offices. The 4,000 SF 2nd floor can be converted back to residential units with minor construction costs. The exposed brick interiors ensure an elegant upgrade to this beautiful building. The 3rd floor balconies have not been in use for 6 years but provide an opportunity to upgrade the units and increase average rent.

Investment Highlights

  • Beautiful Building
  • Opportunity for Long Term Cash-Flow
  • Center of Downtown Jacksonville

Exclusively Listed By

Listing Price: $1,200,000

Cap Rate
3.42%
Number of Units
14
Price/Unit
$85,714
Price/Gross SF
$119.05
Gross SF
10,080

Investment Highlights

  • Beautiful Building
  • Opportunity for Long Term Cash-Flow
  • Center of Downtown Jacksonville

Investment Overview

The opportunity lies on the 2nd floor where the once fully residential building was renovated to accommodate 2 larger attorneys' offices. The 4,000 SF 2nd floor can be converted back to residential units with minor construction costs. The exposed brick interiors ensure an elegant upgrade to this beautiful building. The 3rd floor balconies have not been in use for 6 years but provide an opportunity to upgrade the units and increase average rent.

Exclusively Listed By

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