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1659 Dot St
Jacksonville, FL 32209 New Town

$179,000 USD

Apartments For Sale  •  1,534 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,534 SF
  • Lot Size 0.07 AC
  • Building Class C
  • Year Built 1959
  • Cap Rate 8.91 %
  • Zoning RMD-A
30 Transit Score
70 Walk Score

Highlights

Corporate liquidation sale offers immediate investment opportunity.
100% occupied duplex with two units leased at $1,100/month each, totaling $2,200/month.
Annual gross rental income of $26,400 with estimated net yearly income of $15,951.
Professional property management in place for worry-free ownership.
Positioned across from Edward Waters University dorms, ensuring steady rental demand.
Proximity to retail, education, and major city corridors for strong tenant retention.

Financial Summary (Proforma)

Net Operating Income: $15,948 USD (2026)
Cap Rate: 8.91 %

Public Transportation

Commuter RailDriveWalkDistance
Jacksonville (Silver Meteor - Amtrak, Silver Star - Amtrak) 7 min - 3.1 mi
AirportDriveWalkDistance
Jacksonville International 24 min - 14.6 mi
Kurt Westfield 813-404-6916 Blue Peak Realty
Kurt Westfield 813-404-6916 Blue Peak Realty