239 16TH E Street, Jacksonville, FL 32206

This is a GREAT concrete block FOURPLEX that is located in the Jacksonville Opportunity Zone. The roof was replaced in 2017, all electrical panels have been updated along with a fresh coat of exterior paint. Each of the four units is a 2 bedroom 1 bath and should rent for between $750-$850/mo once completed for a total of monthly income of $3,000-$3,400/mo under one roof! The four plex next door is currently being renovated, and this one is ready for you to finish it up and start collecting investment income. As part of the Opportunity Zone, this building is a perfect shelter to avoid SALT Tax limits/restrictions in NY, NJ, CT, CA. (refer to documents attached for more info), and would allow you to ultimately avoid capital gains taxes if you meet the requirements of the program.