$300,000
$299,999
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SOLD DATE : 06/24/2021
Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 213581
Sold Date 06/24/21
HOA Y/N No
Year Built 1917
Annual Tax Amount $2,680
Tax Year 2020
Property Description
This lovingly renovated historic duplex is a rare find. Its quiet, tree-lined location is relaxed and convenient: just 2 blocks to the St Johns River and all the downtown Palatka shops, restaurants and festivals. An up/down duplex that cash flows as a long-term rental makes for a great investment. The sellers renovated this home to the highest standards and the home is move-in ready. With two 1200 sf, 2 bed, 2 bath units and 4 covered porches, there is plenty of outdoor space to enjoy the breeze off the River. The original wood floors await underneath the vinyl planks. Come see this revitalized home with fresh surfaces and historic touches. It is a one-of-a-kind opportunity. As lovers of historic structures, 504 N. 2nd Street represented a unique opportunity for the sellers. Originally built as a four-plex, circa 1917, this property sheltered a steady stream of families for decades, but as times, tastes, and zoning restrictions changed around it, the multi-family structure needed to adjust to life in a single-family neighborhood. In 2017, operating under provisions of the City of Palatka's Code of Ordinances, the sellers made efforts to lovingly preserve this bit of local history, and to maintain its usefulness in the community in accordance with its original historic design. From its original layout, it was restructured as a duplex with 2 1200 sf, 2 bed/2 bath units, both with completely upgraded electrical wiring, plumbing and central heat and air. Also, the sellers painstakingly preserved the original woodwork, doors, and windows. Its 100-year old claw-foot bathtubs still stand proudly in the master bathrooms. Both units have lots of covered outdoor space, 1 spacious front and back porch each, from which to enjoy the lovely views and breezes off the St Johns River. Located in Palatka's North Historic District, this property is near everything: the St. John's River, downtown shopping and restaurants, and the bike trails. No need to look for parking at local festivals. You can walk to them. Palatka, itself, is at the epicenter of North East Florida's larger metropolitan areas: Jacksonville, St. Augustine, Gainesville and Orlando.
Location
State FL
County Putnam
Area 21 - Putnam County
Zoning Multi
Direction N
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