116 W 7th Street, Jacksonville, FL 32206

Property Description

Built in 1912 by J.R. Dickerson. Both units are leased, income starts the day you close. Upstairs is renting at $1,575 a month through 10/31/27, downstairs at $1,630 through 8/30/27. That's $3,205 a month in gross rent with zero vacancy gap and no lease-up period. This duplex on W 7th has original heart of pine floors, fireplaces, and a butler's pantry with 3 built-ins still doing their job as a prep station and storage. Covered porches on both levels, two blocks from Main Street in Historic Springfield. Electrical and plumbing have been updated. 4-point insurance inspections are available on request. Investors ask about DSCR loan options. Priced below recent comp range for the neighborhood, this one makes sense off the bat.