1357 KINGSLEY AVE new

Orange Park,FL 32073

$ 2300000

- Bed

25 Baths

13338 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,338 sqft

Price per Sqft $172

MLS Listing ID 2057078

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Year Built 1984

Annual Tax Amount $20,391

Lot Size 1.720 Acres

Acres 1.72

Property Description

JPAR City & Beach proudly presents Kingswood Apartment Homes, a 12-unit multifamily property in the Town of Orange Park. The property consists of three quadplexes, featuring a mix of one & two-story townhomes. Recent renovations, including new kitchens, bathrooms, flooring, and more to all units ensure an above-average living experience for tenants, making it an ideal investment for absentee owners. The property's prime location near OPMC and major interstates makes it attractive to both residents and investors. With a current 25% market gap, strong demographics, high demand for rental housing, and additional income opportunities, this multi-family investment offers immediate stable income and significant upside potential. The RG-1 zoning potentially allows for short-term rentals and traveling nurse housing. Additional value-add opportunities for profitability and income growth may include adding amenities, STRs, further upgrading units, or developing additional units. Don't miss out!

Location

State FL

County Clay

Area 132-Bellair/Grove Park

Direction Take I-295 South to exit 10 (US-17 South/Park Ave). Continue on US-17 South for approximately 2 miles. Turn right onto Kingsley Ave. The driveway to Kingswood Apartment Homes is located immediately af

Interior

Heating Central

Cooling Central Air

Exterior

Waterfront No

Private Pool No

Building

Lot Description Cleared

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Tax ID 41042602024900100

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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