$1,299,900 ($227.10 per sqft)

Est. Mortgage $6,488/mo *

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553597 US HIGHWAY 1, Hilliard, FL, 32046

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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