Map
Listed price in listed location currency (USD).
$460,000

643

MLS® 2171712

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 2048 sqft
Garage Yes
Taxes $7,692
Days Active 15
Lot Size 0.2199999988079071 Acres
Approx. Age 2018
Avg. Price Per Sqft $224
MLS® Number 2171712

Property Address: 816 - 818 Bay Street, Green Cove Springs, FL, 32043

Average square foot calculated using Size range provided by listing agent.

Description

TURNKEY INVESTMENT OPPORTUNITY IN GROWING GREEN COVE SPRINGS! Don't miss this opportunity to own a newer-construction, income-producing duplex in one of Northeast Florida's growing communities! Built in 2018, this well-maintained property features two spacious units, each offering 3 bedrooms, 2 full bathrooms, and a private 1-car garage. Both units are fully leased, generating $39, 600 in annual gross rental income, providing investors with immediate cash flow from day one! Located in the heart of Green Cove Springs, this property is positioned to benefit from the continued residential and commercial growth throughout Clay County. The area's expanding housing developments, improving transportation infrastructure, and proximity to Jacksonville make Green Cove Springs an attractive location for residents seeking affordability, convenience, and small-town charm. Residents enjoy convenient access to historic downtown Green Cove Springs, the St. Johns River, Spring Park, local shopping, restaurants, and major transportation corridors, including US Highway 17 and the developing First Coast Expressway. With its modern construction, desirable three-bedroom floor plans, attached garages, and established rental income, this duplex offers an appealing combination of immediate income and long-term investment potential. The property's relatively recent construction may also help reduce near-term capital improvement requirements compared to older rental properties. Whether you're expanding an existing rental portfolio or purchasing your first investment property, this fully occupied duplex offers an excellent opportunity to invest in the future of Green Cove Springs!
MLS® Number2171712
Laundry Level
Central VacNo
FireplaceNo
Acreage0.22
Exterior
GarageYes
Approx. Age2018
Basement
Driveway
Garage Spaces1
Heat
A/CCentral Air

Extras

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