Stellar investment near DT Jax! Fully occupied and turn key. This beautiful 5 unit fully renovated building offers an incredible opportunity to invest in the highly desirable and upwardly mobile Springfield neighborhood. The classic Colonial architecture of 1909 provides attractive curb appeal that is in much demand to potential renters.… Read More Both the interior and exterior have recently (2025) undergone an extensive restoration at the same time retaining the enduring style that makes this area so appealing. The building comprises of 4 fully renovated 2/2 units with a huge 1/1 encompassing the entire 3rd floor. The building is 100% occupied, with rents ranging from $1300 to $1350. All the units have been completely renovated with a modern flair and everything brand new including, flooring, kitchen, baths, plumbing, electric, appliances and more. There is air conditioned/heated hallways with communal laundry on the 1st and 2nd floors. 1628 Walnut is located within the vibrant community of Springfield just 1 mile north of downtown and amidst the active social scene of the area. Property being offered by owner/agent. Read Less
This data up-to-date as of . Listing courtesy of COMPASS FLORIDA LLC.
Listing Snapshot
Days Online
181
Last Updated
Property Type
Commercial Sale
Lot Size
0.12 Acres
Year Built
1909
MLS Number
2134385
Additional Details
Building
Built in 1909, Living area: 3,832, 3 total stories
Cooling
Central Air, Electric, Ceiling Fan(s), Wall Unit(s)
Expenses
Insurance expense: $8,328
Floors
Vinyl
Heating
Central, Electric
Income
Gross income: $85,020, Net operating income: $55,115
Lot
0.12 acres, 5,227 square feet, Area: 0.12, Historic Area
Parking
Additional Parking, Off Street, On Street, Unassigned
Roof
Metal
Security Features
Fire Alarm, Fire Sprinkler System, Firewall(s)
Sewer
Public Sewer
Taxes
Tax annual amount: $10,156, Tax year: 2025
Tenant Pays
Tenant pays: Electricity, Sewer, Water
Find The Perfect Property
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The data relating to real estate for sale on this web site comes in part from the Internet
Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate
listings held by brokerage firms other than COMPASS FLORIDA LLC are marked with the listing broker’s
name and detailed information about such listings includes the name of the listing brokers. Data
provided is deemed reliable but is not guaranteed.
Data last updated . Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Source: Northeast Florida MLS Data last updated:
Confirm your time
Fill in your details and we will contact you to confirm a time.
