5838 YELLOW PINE Court, Jacksonville, FL 32277
FOR SALE0.25 ACRES

5838 YELLOW PINE Court
Jacksonville, FL 32277

Arlington Manor
  • 8 Beds
  • 3 Baths
  • 3,024 sqft (on 0.25 acres)
  • 8 Beds
  • 3 Baths
  • 3,024 sqft (on 0.25 acres)

$555,000

Original price: $575,000
Est. Mortgage $3,343/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

🏡 Prime Investment Opportunity: Fully Renovated 8-Bedroom Multifamily Property Near Jacksonville University! 🏡

Are you on the hunt for an exceptional investment property in the fast-growing market of Jacksonville, FL? Look no further! This recently renovated 8-bedroom, 4-bath multifamily home is the perfect addition to your real estate portfolio. Located in close proximity to Jacksonville University (JU), this property offers immense potential for consistent rental income and strong returns.

🌟 Key Investment Highlights:
✅ 8 bedrooms and 4 bathrooms: With four individual 2-Bedroom / 1-Bath apartments, this property maximizes your rental income potential, ensuring a steady cash flow.
✅ Fully Renovated: mean minimal maintenance costs and immediate rental-ready status. Start earning from day one with this turn-key investment!
 Main Sewer plumbing was just replaced from the clean outs to the city sewer saving all future buyers almost $20,000 on a sewer replacement.
 Proximity to Jacksonville University: Take advantage of the inevitable expansion of JU and the strong future upside in equity.
 Kitchen with Granite Countertops: A modern kitchen with granite countertops, white wooden kitchen cabinets with dovetail drawers, and tile backsplash not only attracts tenants but also increases the property's overall value.
 New White Vinyl Fencing: Enhanced security and curb appeal with brand-new professionally installed white vinyl fencing that fully encloses the property.
 Ample Parking: With seven parking spaces on-site and located on a private road, you'll never worry about tenant parking issues.
 New Roofing & Tree Removal: Enjoy peace of mind with a newly installed roof and removal of large trees overhanging the building, reducing short and long-term maintenance costs.
 New AC Units: Tenant comfort and energy efficiency are prioritized with brand-new AC units.  GE Stainless Steel Appliances: The addition of stainless steel appliances not only elevates the property's appeal but also enhances its durability.
 Updated Plumbing and Electrical: Ensure smooth operations and reduced maintenance hassles with updated plumbing and electrical systems. Photos taken before tenants moved in.

Home Highlights

Parking
No Info
Outdoor
No Info
View
No Info
HOA
None
Price/Sqft
$184
Listed
86 days ago

Home Details for 5838 YELLOW PINE Court

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 3024 Square Feet
Appliances & Utilities
Utilities: Separate Electric Meters, Separate Water MetersAppliances: Electric Oven, Electric Range, Electric Water Heater, RefrigeratorRefrigerator
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Tile, Vinyl
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 2Floors: Tile, Vinyl
View
No View

Exterior Features

Parking & Garage
No CarportNo GarageNo Attached GarageParking: Unassigned
Pool
Pool: None
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 86

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family
Building
Not a New Construction
Property Information
Parcel Number: 1132250100

Price & Status

Price
List Price: $555,000Price Per Sqft: $184
Status Change & Dates
Possession Timing: Negotiable, Other

Location

Direction & Address
City: JacksonvilleCommunity: Floral Bluff Estates

Agent Information

Listing Agent
Listing ID: 1253273

Lot Information

Lot Area: 10890 sqft

Offer

Listing Terms: Cash, Conventional, VA Loan

Compensation

Buyer Agency Commission: 2.50Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Owner Pays: Grounds Care, Pest Control

Miscellaneous

Mls Number: 1253273
Last check for updates: about 17 hours ago
Listing courtesy of BRIAN ALTERMAN, (904) 254-2766
LEGACY REALTY GROUP LLC, (904) 477-4409
Elliott Greenberg, (904) 401-3196
(904) 401-3196
Source: realMLS, MLS#1253273
Also Listed on realMLS.

Price History for 5838 YELLOW PINE Court

DatePriceEventSource
03/14/2024$555,000PriceChange
realMLS #1257502
12/12/2023$575,000PendingToActiverealMLS #1257502
12/08/2023$575,000PendingrealMLS #1257502
10/20/2023$575,000Listed For SalerealMLS #1253273
09/29/2021$391,000Sold
N/A
07/01/2010$57,100Sold
N/A
11/20/2006$131,300Sold
N/A

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Property Taxes and Assessment

Year2022
Tax$6,109
Assessment$316,167
Home facts updated by county records

Comparable Sales for 5838 YELLOW PINE Court

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.56
Multi-Family Home
$233,000
12/29/23
4
2
1,436
1.45
Multi-Family Home
$680,000
03/08/24
6
9
3,948
1.15
Multi-Family Home
$120,000
06/16/23
4
4
2,796
1.55
Multi-Family Home
$325,000
02/16/24
6
2
2,958
1.53
Multi-Family Home
$224,000
10/17/23
3
2
1,230
1.54
Multi-Family Home
$260,300
07/21/23
2
2
1,062
1.63
Multi-Family Home
$190,000
12/12/23
2
2
1,062
2.44
Multi-Family Home
$300,000
10/13/23
8
4
2,304
2.65
Multi-Family Home
$400,000
11/13/23
8
4
2,704
2.09
Multi-Family Home
$220,000
02/15/24
4
2
1,124

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Arlington Manor

  • Trulia User
    "Everyone cares about each other and everyone looks out for everyone in their neighborhood .The neighbors are very friendly and respectful "
    0
    Flag
  • Trulia User
    "People walk their dogs and greet their neighbors while doing it. People are friendly. Lawns are well kept."
    0
    Flag
  • Trulia User
    "Not the best neighborhood at all.. Always trouble and cops around due to it all. And it’s unkept.. Dirty!"
    3
    Flag
  • Nisbitt23
    "I love the peace in this area have stores very close and have police service any 24 hrs need some lights and more cleaned service but is very quiet neighborhood "
    0
    Flag
  • Latoya C.
    "ive lived here for a year and a half. i do not plan on making this a permanent place of residence. People are very friendly and the majority stay to themselves so "
    9
    Flag
  • David K.
    "Its alright most people I know are still here after twenty years. I do enjoy being able to walk in the streets and not worry about my family’s safety too much."
    3
    Flag
  • Asterie B.
    "its quite and wonderfull place to rasie kids"
    6
    Flag
  • Mcgilmore61
    "I haven't figured out how to change the information on the website yet, but our area is in no way connected to the Arlington Manor neighborhood. Houses here are nicer, safer and more sense of community. Do not know where they got there info from on that one! "
    5
    Flag

LGBTQ Local Legal Protections

BRIAN ALTERMAN, LEGACY REALTY GROUP LLC
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
5838 YELLOW PINE Court, Jacksonville, FL 32277 is a 8 bedroom, 3 bathroom, 3,024 sqft multi-family built in 1963. 5838 YELLOW PINE Court is located in Arlington Manor, Jacksonville. This property is currently available for sale and was listed by realMLS on Feb 3, 2024. The MLS # for this home is MLS# 1253273.