619 Linwood Avenue, Jacksonville, FL 32206

$3,045,000.00
  • 619 Linwood Avenue, Jacksonville, FL 32206 Main Photo

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New to the Market Active
BEDS7 BATHS2 full SQUARE FEET25,671 MLS#2141579
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBrentwood

Property Description

**21 single-family homes renovated and performing!** Turnkey portfolio, professionally managed, has a double-digit cap rate and collects over $29k in monthly income (approximately $348,000 annually). Properties have been extensively 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.Also listed under MLS 2141580Call listing agent for details 904-223-4116

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.11 Acres
Taxes: $3,021
Year Built: 2023

Feature Descriptions

Lot Dimensions: 0
Units: 2

Listed By / Shown By

Listed By

Agency Name: FLORIDA HOMES REALTY & MTG LLC

Shown By

Agency Title: Realty Exchange
Agency Phone: 304-523-2225

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Estimated Payment

$ 13,920.72 per month $12,780.85 Principal & Interest $251.75 Property Tax $888.13 Homeowner's Insurance

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