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On Market

135 E 17th St

Jacksonville, FL 32206, USA

List price

$652,500

Quadplex

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Story

The numbers on this fourplex are extraordinarily strong, primarily driven by the 0% interest seller financing. A $2,716 monthly net cash flow on a $45,000 upfront entry fee generates a 72.4% cash-on-cash return, allowing you to recover your initial capital in under 17 months. However, the 7-year balloon payment is your main point of risk, requiring a clear exit strategy to refinance or sell before the $607,500 balance comes due.

Property details

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2 details

Property

· The bones — what the buyer sees first

Property type

Quadplex

History & terms

· Past sales, updates, and deal mechanics

Reason for sale

Other

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