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619 Linwood Avenue, Jacksonville, FL 32206

$3,045,000

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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

619 Linwood Avenue | MLS# 2141579

This multi-family property located at 619 Linwood Avenue, Jacksonville, FL 32206 is currently listed for sale with an asking price of $3,045,000. Search Jacksonville real estate on www.janshields.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.11 Acres
Taxes: $3,021
Year Built: 2023
Square Feet: 25,671

Feature Descriptions

Units: 2

Listed By / Shown By

Listed By

Agency Name: FLORIDA HOMES REALTY & MTG LLC

Shown By

Agent Name: Jan Shields
Agent Phone: (904) 891-6331
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 16,537.05 per month $15,397.18 Principal & Interest $251.75 Property Tax $888.13 Homeowner's Insurance

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