619 Linwood Ave - Residential Income FOR SALE


Jacksonville, FL 32206- Brentwood
$3,050,000 USD
904-223-4116
619 Linwood Ave, Jacksonville, FL for Sale
$3,050,000 USD
Residential Income - FOR SALE
1/104
null | 10.46% Cap Rate

619 Linwood Ave
Jacksonville, FL 32206
Brentwood


HIGHLIGHTS

  • 21 single-family homes renovated and performing!** Turnkey portfolio, professionally managed, has a double-digit cap rate and collects $29k+ per month

OVERVIEW

** Turnkey rental portfolio** **21 single-family homes renovated , performing, professionally managed with a double-digit cap rate and collecting over $29k in monthly income (approximately $348,000 annually). Properties have been renovated and upgraded with new roofs, HVAC systems, plumbing, and electrical, and feature durable faux flooring, consistent paint schemes, and kitchens finished with granite and quartz countertops, ensuring low maintenance and strong tenant retention. The portfolio benefits from stable occupancy holding 2 month security deposits with 2-year leases featuring 4% annual increases. Strategically positioned in up-and-coming areas poised to benefit from Jacksonville's ongoing development and revitalization, this is a rare opportunity to acquire a stabilized, high-performing portfolio with immediate cash flow and long-term upside. Call Listing agent for details : 904-223-4116 Data available per request Property Addresses: 1 619 Linwood Avenue 2 1119 Kenmore 3 7353 Elwood Avenue 4 1512 W 23rd Street 5 1695 W 2nd Street 6 1916 E 25th Street 7 1965 W 9th Street 8 2012 Baldwin Street 9 2020 Prospect Street East 10 2118 W 17th Street 11 2142 W 15th Street 12 219 Cherokee Street 13 2585 Broadway Avenue 14 3124 2nd Street Circle 15 3230 Buckman Street 16 324 W 17th Street 17 3425 Greenbrier Drive 18 418 W 46th Street 19 1010 E 13th Street 20 1497 W 30th Street 21 830 Garfield Street

FOR SALE DETAILS

PRICE

$3,050,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

10.46%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rental Portfolio 21 Single Family Homes

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10 AC

LAND SF

435,600 SF

ZONING

R

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brian LoveFlorida Homes Realty & MortgageMore Info
904-223-4116

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

Brian LoveFlorida Homes Realty & MortgageMore Info
904-223-4116

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