1725 PROSPECT ST Jacksonville, FL 32208
3 Beds
2 Baths
1,284 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,284 sqft
Price per Sqft $155
Subdivision Trout River
MLS Listing ID 2144450
Bedrooms 3
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1949
Annual Tax Amount $2,140
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Single Family Residence
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
Stunningly renovated and income-producing, 1725 Prospect Lane offers exceptional value just steps from the river and minutes from downtown Jacksonville. Set on a generous 10,000 SF lot in a quiet, high-demand neighborhood, this versatile property features a 2BR/1BA main home--previously rented for $1,550/month and now vacant for easy showings--plus a non-conforming 1BR/1BA attached ADU leased to a long-term tenant at $975/month. With previous gross rental income of $30,300/year and a 9.9% takeover cap rate, it's an ideal opportunity for house hackers, investors, or multigenerational buyers. Recent upgrades include a new roof, well pump, water softener, AC units in both residences, a full boundary fence, and fresh interior and exterior paint--all completed within the last two years, delivering peace of mind and strong cash flow from day one.
Location
State FL
County Duval
Community Trout River
Area 075-Trout River/College Park/Ribault Manor
Direction From Lem Turner Road (FL-115 N) and continue for about 2 miles. Turn right onto Prospect Street (just past the Trout River). Continue onto Prospect Lane--the home will be on your right at 1725 Prospect Lane.
Interior
Interior Features Ceiling Fan(s), Primary Bathroom - Shower No Tub
Heating Central, Electric
Cooling Central Air, Electric
Flooring Vinyl
Fireplaces Number 1
Fireplaces Type Wood Burning
Furnishings Unfurnished
Fireplace Yes
Exterior
Parking Features Off Street
Fence Fenced
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage No
Private Pool No
Building
Sewer Private Sewer, Septic Tank
Water Private, Well
Structure Type Block
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 0373970000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://www.zillow.com/view-imx/f6a62dc8-1e48-487b-ace8-aeb908d64103/?utm_source=captureapp