619 Linwood Ave, Jacksonville, FL, 32206

USD 3,045,000
For Sale

Property Details

Bedrooms

7

Bathrooms

2

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 7 • Bathrooms: 2 • Square Feet: 25671 • Lot/Size: 4,791 sqft lot

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 ongoi

Location

Address

619 Linwood Ave, Jacksonville, FL, 32206

City

Jacksonville

Features and Finishes

Year Built: 2023; [object Object]; [object Object]; [object Object]

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