$320,000
2943 THOMAS Street, Jacksonville, FL 32254
Fehrenbachs
- Price
- $320,000
- Beds / Baths
- 8 / 4
- Living area
- 2,448 sqft
- Year built
- 1949
- Type
- MultiFamily
- Lot
- —
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 30
You don't want to miss out on this investment opportunity! All four units are already leased until January 2023 and each consist of 2 bedrooms and 1 bathroom. 3 separate electrical and water meters. This quad currently brings in $2650 per month and tenants are responsible for their own utilities. There is room for rent increase in the future. Roof was replaced in 2018.
What to check on this one
- Verify roof replacement date (2018) with permit & contractor invoice.
- Obtain 4-point inspection report; 1949 build may trigger insurer requirements.
- Confirm flood zone designation via FEMA map; unknown status blocks financing.
- Review all four lease agreements, tenant payment history, and vacancy risk.
- Inspect plumbing & electrical systems; polybutylene/cast-iron common in 1949 builds.
- Verify three separate water/electric meter functionality and billing accuracy.
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $256,000 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of MOMENTUM REALTY. Data via realMLS (Northeast Florida MLS), updated Feb 13, 2025, 3:07 AM.
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