Hilliard, FL 32046,553597 US HIGHWAY 1
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Hilliard, FL 32046,553597 US HIGHWAY 1
Hilliard, FL 32046,553597 US HIGHWAY 1
Hilliard, FL 32046,553597 US HIGHWAY 1
Hilliard, FL 32046,553597 US HIGHWAY 1
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$ 1,299,900
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553597 US HIGHWAY 1 Hilliard, FL 32046

337 Beds

5 Baths

5,724 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,724 sqft

Price per Sqft $227

Subdivision Nassau

MLS Listing ID 2080126

Bedrooms 337

Full Baths 5

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Year Built 1952

Annual Tax Amount $4,933

Lot Size 2.110 Acres

Acres 2.11

Property Sub-Type Multi Family

Property Description

Investment Opportunity in Hilliard, FL: A 18-Unit Multifamily Gem Discover a lucrative investment opportunity in the heart of Hilliard, Florida, with this impressive 18-unit multifamily building available for $1,299,900. This property boasts a remarkable yearly return on investment (ROI) of over 13% yearly, making it a standout addition to your real estate portfolio. With a prime location just off Highway 1, you're only minutes away from the Georgia border and a quick 25-minute drive to Jacksonville, making it an ideally situated asset for both tenants and investors alike. The building features two spacious 3-car garages, offering added value and flexibility for potential use as storage units, additional apartments, or even a coin laundry facility. This property has several long term tenants who pay on time! Property also has many updates including new roof in 2017, new well pump in 2024, new flooring in 2020, new toilets and sinks in 2020, New AC units in 2022.

Location

State FL

County Nassau

Community Nassau

Area 492-Nassau County-W Of I-95/N To State Line

Direction From CR-108 head north on US-1.

Rooms

Other Rooms Shed(s), Workshop

Interior

Heating Varies by Unit

Cooling Electric, Wall/Window Unit(s)

Flooring Laminate, Tile, Vinyl

Exterior

Exterior Feature Fire Pit

Parking Features Additional Parking, Attached, Carport, Circular Driveway, Covered, Detached, Garage, Garage Door Opener, Guest, Off Street, Parking Lot, RV Access/Parking, Shared Driveway, Unassigned, Varies by Unit

Garage Spaces 6.0

Carport Spaces 2

Fence Chain Link

Pool In Ground, Fenced

Utilities Available Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected

Roof Type Shingle

Total Parking Spaces 6

Garage Yes

Private Pool No

Building

Lot Description Cleared, Few Trees, Irregular Lot

Story 2

Sewer Septic Tank

Water Well

Level or Stories 2

New Construction No

Schools

Elementary Schools Hilliard

Middle Schools Hilliard

High Schools Hilliard

Others

Tax ID 304N24000000100000

Security Features Closed Circuit Camera(s),Security Fence,Security Lights,Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash


Listed by US REALTY HUB
agent

Suzy Evans

Real Estate Advisor | Broker-Associate

+1(904) 347-5447

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553597 US HIGHWAY 1