Property Description
7.66% CAP Rate Airbnb Cash Cow! This unique, fully renovated condo-duplex setup requires zero CapEx and delivers two active STR/MTR income streams in one turnkey transaction. Behind the main entrance door sit two completely private, self-contained rental apartments generating consistent, year-round rental demand. Location is everything. You are sitting right in the middle of it all inside the multi-billion dollar Gateway Jax / Pearl Square downtown revitalization footprint and just minutes from the Jaguars' $1.4B Stadium of the Future / Sports & Entertainment District. This highly desirable downtown location is just steps from the Federal Courthouse, Fortune 500 corporate headquarters, and major banking hubs, driving a steady pipeline of healthcare professionals, legal experts, and corporate clientele. This prime positioning offers passive investors a recession-proof combination of high-yielding immediate cash flow and massive long-term equity appreciation.
311 W Ashley Street, Unit 305 A&B | MLS# 2147558
This multi-family property located at 311 W Ashley Street, Unit 305 A&B, Jacksonville, FL 32202 is currently listed for sale with an asking price of $289,900. Search Jacksonville real estate on patsybradley.watsonrealtycorp.com today.