519 W 23rd St - Apartments FOR SALE


Jacksonville, FL 32206- Brentwood
$349,900 USD
904-999-9930
519 W 23rd St, Jacksonville, FL for Sale
$349,900 USD
Apartments - FOR SALE
1/20
null | 9.28% Cap Rate

519 W 23rd St
Jacksonville, FL 32206
Brentwood


HIGHLIGHTS

  • Newer Roof and Windows
  • Long term tenants
  • Good rental market

OVERVIEW

Investor-ready opportunity in the heart of Jacksonville! This 100% occupied 4-unit quadplex at 519 W 23rd St features four 1BR/1BA units in a solid two-story brick building with strong rental demand and immediate cash flow potential. Major improvements already completed, including a newer roof, updated A/C units, and several newer windows, helping reduce future maintenance costs. Major appliances are already included, and units have hardwood floors throughout. Property is stabilized with long-term tenants already in place who have all been occupants of the building for 3+ years, creating consistent income from day one. This historic charmer is located in a high-demand rental corridor near Downtown Jacksonville, UF Health, major employers, highways, and redevelopment activity. Excellent opportunity for investors seeking a turnkey multifamily asset with strong cash flow, low vacancy history, and long-term upside. Perfect for buy-and-hold investors looking to expand their portfolio in one of Jacksonville's in-demand rental markets.

FOR SALE DETAILS

PRICE

$349,900 USD

PRICE/SF

$114 USD /SF

# OF UNITS

4

PRICE/UNIT

$87,475

CAP RATE

9.28%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brentwood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,443 SF

ZONING

RLD-60

APN/PARCEL ID

087498-0000

ASK ABOUT THIS PROPERTY

Sam BostonPellego, LLCMore Info
904-999-9930

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Sam BostonPellego, LLCMore Info
904-999-9930

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.