1517 W 14TH STREET, Jacksonville, Florida, 32209

Price: $274.9k | ARV: $350k

JACKSONVILLE | DUPLEX | GREAT INVESTMENT & GROUP HOME OPPORTUNITY

4 BED / 2 BATH
1,864 Sqft
Brick Construction
Built in 1953
Multifamily Property
Converted Garage Apartment

Why This Deal Makes Sense

This well-positioned multifamily property offers a unique opportunity for an investor, owner-occupant, or group-home operator. With established use and significant income potential, it stands as a prime investment.

• Turnkey Operation: Currently operating as a group home approved for up to six residents, providing an immediate income stream.
• Multiple Income Streams: Features a main structure plus a garage converted into an upgraded apartment, maximizing rental revenue.
• Investment Flexibility: Ideal for continuing the current group-home use, converting to a traditional multifamily rental, or for an owner-occupant seeking rental income.
• Strong ROI Potential: Priced significantly below its After Repair Value, offering substantial equity and value-add opportunity.

Property Highlights

• Solid Construction: Durable brick construction built in 1953, offering timeless appeal and structural integrity.
• Enhanced Living Space: The converted garage provides an attractive, modern apartment, adding valuable and flexible square footage.
• Secure and Private: A fully fenced-in property ensures privacy and security for residents.
• Proven Income: The property has a successful history as a group home, demonstrating its viability and cash-flow potential.

Location: Access and Opportunity

Located at 1517 W. 14th Street in Jacksonville, this property is situated in an area with convenient access to local amenities, making it attractive for tenants and operators alike.

Ideal For

Group Home Operators / Fix & Flip Investors / Buy & Hold Landlords / Value-Add Investment

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