136 PHELPS Street, Jacksonville, FL 32206

Amazing opportunity to get in early on the downtown investment boom. This amazing 4 unit property is currently being used as 4 separate residential rental units, but is zoned CRO which gives it an abundance of options. Every major component of this property was updated between 2021-2022 including a new metal roof, all new hvac units, new electric, new plumbing, new windows, a full cosmetic renovation including new kitchens and bathrooms. This property features a huge back deck overlooking the downtown skyline that was engineered to commercial building standards and constructed in 2021 and off street parking behind the building. With hundreds of millions of dollars being invested within the surrounding half mile radius of the property in then next few years and favorable zoning, this property could make a fantastic law office, residential rental building, professional office, live/work space or any other number of possibilities.