816 - 818 Bay Street, Green Cove Springs, FL 32043

$460,000
New to the Market
SQUARE FEET2,048 MLS#2171712
MAP LISTING
816 - 818 Bay Street, Green Cove Springs, FL 32043
816 - 818 Bay Street, Green Cove Springs, FL 32043

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816 - 818 Bay Street, Green Cove Springs, FL 32043
816 - 818 Bay Street, Green Cove Springs, FL 32043

Property Description

TURNKEY INVESTMENT OPPORTUNITY IN GROWING GREEN COVE SPRINGS! Don't miss this opportunity to own a newer-construction, income-producing duplex in one of Northeast Florida's growing communities! Built in 2018, this well-maintained property features two spacious units, each offering 3 bedrooms, 2 full bathrooms, and a private 1-car garage. Both units are fully leased, generating $39,600 in annual gross rental income, providing investors with immediate cash flow from day one! Located in the heart of Green Cove Springs, this property is positioned to benefit from the continued residential and commercial growth throughout Clay County. The area's expanding housing developments, improving transportation infrastructure, and proximity to Jacksonville make Green Cove Springs an attractive location for residents seeking affordability, convenience, and small-town charm. Residents enjoy convenient access to historic downtown Green Cove Springs, the St. Johns River, Spring Park, local shopping, restaurants, and major transportation corridors, including US Highway 17 and the developing First Coast Expressway. With its modern construction, desirable three-bedroom floor plans, attached garages, and established rental income, this duplex offers an appealing combination of immediate income and long-term investment potential. The property's relatively recent construction may also help reduce near-term capital improvement requirements compared to older rental properties. Whether you're expanding an existing rental portfolio or purchasing your first investment property, this fully occupied duplex offers an excellent opportunity to invest in the future of Green Cove Springs!

816 - 818 Bay Street | MLS# 2171712

This multi-family property located at 816 - 818 Bay Street, Green Cove Springs, FL 32043 is currently listed for sale with an asking price of $460,000. Search Green Cove Springs real estate on www.janshields.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.22 Acres
Roof Type: Shingle
Taxes: $7,692
Year Built: 2018
Square Feet: 2,048

Feature Descriptions

Units: 2

Local Schools

High School: Clay
Middle School: Green Cove Springs
Elementary School: Charles E. Bennett

Listed By / Shown By

Listed By

Agency Name: NORTH FLORIDA REALTY ADVISORS

Shown By

Agent Name: Jan Shields
Agent Phone: (904) 891-6331
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 3,093.92 per month $2,318.75 Principal & Interest $641.00 Property Tax $134.17 Homeowner's Insurance

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