553597 US HIGHWAY 1, Hilliard, FL, 32046

337 beds
5 Full baths
1952
5,724 sqft
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.
Status:
Active
Type:
Single-family residential
Units:
17
Subdivision:
Nassau
Garage:
6-car
Heating:
Varies by Unit
Cooling:
Electric, Wall/Window Unit(s)
Energy Features:
Appliances, Lighting, Water Heater
Parking:
Additional Parking, Attached, Carport, Circular Driveway, Covered, Detached, Garage, Garage Door Opener, Guest, Off Street, Parking Lot, RV Access/Parking, Shared Driveway, Unassigned, Varies by Unit
Acreage:
2.11
Est. Taxes:
$4,933
Current Use
Residential
Utilities
Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected
Lot Description:
Cleared, Few Trees, Irregular Lot
Elementary School:
Hilliard
Middle School:
Hilliard
High School:
Hilliard
Appliances:
Electric Oven, Electric Range, Electric Water Heater, Freezer, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Washer, Water Softener Owned
Pool:
In Ground, Fenced
MLS #:
2080126
Community Info
School Info
Walk Score
Yelp
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