Florida / Jacksonville / 32206 / 602 East Union Street

602 East Union Street

Q: What is the asking price for 602 East Union Street in Jacksonville?

The asking price for 602 East Union Street is $519,000

Q: What is the building size of this Multifamily property in Jacksonville, FL?

The size of the building/unit at 602 East Union Street in Jacksonville is 5,386 square feet.

Q: How much land does the Jacksonville, FL property at 602 East Union Street include?

602 East Union Street in Jacksonville includes 0.081 acres of land.

Q: What is the population within 1 mile of 602 East Union Street?

The population within 1 mile of 602 East Union Street Jacksonville, FL 32206 is 10,777 people.

Q: Who do I contact for questions about 602 East Union Street?

You should contact the listing agent, Hameed Siddiq, for any details regarding this commercial listing.

Jacksonville, FL 32206

Listing ID: 207769

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Building Size: 5,386 SF

Lot Size: 0.081 AC

Land Size: 3,538 SF

Building $/SF: $96.36

Land $/SF: $146.69

Price

$519,000

Description

This Multifamily property is nestled in the Springfield neighborhood. It is located in an opportunity zone, so enjoy additional tax savings. This turnkey commercial building is ready to produce income on day one. It is in very good condition and has been well maintained by the owner who did close to 100k in renovations starting in 2014. Looking for a place to run a hotel, boarding house, homeless shelter or Airbnb, then look no further. The county inspector has certified the property for 19 beds (2nd Floor). There are 3 separate bathrooms on the 2nd Floor. Each having 1 commode/1 sink/ 1 shower. There are 3 other bathrooms on the 1st Floor. 2 bathrooms have 2 commodes/2sinks /2showers each. 1 bathroom has 1 sink/1 commode. This property is in walking distance to downtown Jacksonville.
Gross Yield - 26.36%
Gross Potential Income - $136,800.00

Attachments & Files

om-602-e-union-st-jacksonville-fl-32206-final-s-Ag4.pdf

Points of Interest & Demographic Radii

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Jacksonville History of Multifamily Housing for Sale

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Listing Demographics for 602 East Union Street Jacksonville, FL 32206

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		10,777	86,563	260,848
Population Median Age		40	38	38
Population by Age	0-9 Yrs	783 (7%)	11303 (13%)	34875 (13%)
	10-19 Yrs	1024 (9%)	8523 (9%)	30025 (11%)
	20-29 Yrs	2111 (19%)	15284 (17%)	41045 (15%)
	30-39 Yrs	1959 (18%)	12685 (14%)	36269 (13%)
	40-49 Yrs	1251 (11%)	9746 (11%)	30770 (11%)
	50-59 Yrs	1458 (13%)	10994 (12%)	34407 (13%)
	60-69 Yrs	1189 (11%)	8643 (9%)	28527 (10%)
	70+ Yrs	1000 (9%)	9387 (10%)	24930 (9%)

Median HH Income		$35,496	$38,997	$44,537
Total Household Income	< 24K	1504 (42%)	12694 (34%)	29532 (28%)
	25-49K	793 (22%)	9705 (26%)	28330 (26%)
	50-74K	409 (11%)	5800 (15%)	17504 (16%)
	75-99K	311 (8%)	2720 (7%)	9855 (9%)
	100-199K	445 (12%)	4322 (11%)	13859 (13%)
	200K+	101 (2%)	1553 (4%)	6358 (6%)

Highest Education Level	No Diploma	1834	10327	24868
	Diploma or GED	2252	17328	52080
	Some College	1828	11180	36398
	Assoc. Degree	454	4940	15780
	Bachelors Degree	1063	10706	31106
	Higher Degree	634	5997	18771

Total Housing Units		4,689	45,150	123,820
--Owner-Occupied		1,120	13,085	49,689
--Renter-Occupied		2,443	23,711	55,748
Owner-Occupied Values	< 100K	430	5164	15364
	100-199K	264	2992	15352
	200-299K	220	1866	6609
	300-399K	105	983	3135
	400-499K	50	664	2165
	500K+	51	1415	7065

Total Working Age Population		9,507	70,354	207,692
In Work Force		3,786	41,619	131,401
Not In Work Force		5,722	28,735	76,291
Workforce Employed		3,465	37,988	121,390
Workforce Unemployed		278	3,404	9,320
Civlian Workforce		3,743	41,392	130,710
Military Workforce		42	227	691

Total Households		3,563	36,795	105,437
Family Households		1,536	16,659	57,137
Non-Family Households		2,027	20,137	48,300
Married Couple		707	8,401	33,684
Other Family		829	8,258	23,453
Married w/Child		180	3,077	13,133
Single Male w/Child		52	696	2,152
Single Female w/Child		407	3,871	10,542

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Florida	15,982,378	+18	18,801,310	+14	21,517,610	+13	24,340,457
Duval County	778,879	+11	864,263	+14	981,852	+12	1,095,165
Nassau County	57,663	+27	73,314	+18	86,416	+18	102,124

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 602 East Union Street in Jacksonville?

The asking price for 602 East Union Street is $519,000

What is the building size of this Multifamily property in Jacksonville, FL?

The size of the building/unit at 602 East Union Street in Jacksonville is 5,386 square feet

How much land does the Jacksonville, FL property at 602 East Union Street include?

602 East Union Street in Jacksonville includes 0.081 acres of land

What is the population within 1 mile of 602 East Union Street in Jacksonville?

The population within 1 mile of 602 East Union Street Jacksonville, FL 32206 is 10,777 people.

Who do I contact for questions about 602 East Union Street?

You should contact the listing agent, Hameed Siddiq, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Jacksonville International Airport (JAX)	12
Daytona Beach International Airport (DAB)	87
Orlando Sanford International Airport (SFB)	110