Banke Ayanleke
Property Description
Investor Special!! Cash Flowing Rental with Upside Potential! Currently occupied with a long-term Section 8 tenant in place for over 20-years. Monthly rent is $1461 producing $17,532 annually. Estimated cap rate is approximately 17.6% at current asking price. Spacious living room with separate dining area. Functional kitchen layout. Washer and Dryer hookups. Property will require repairs and updates and is priced accordingly.Ideal opportunity for investors looking for a value-add property.Opportunity to improve condition and potentially increase rents over time.Immediate income-producing property with stable occupancy.Do not disturb tenant.Showings by appointment only. Listing broker is the owner.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Lot Size: 0.13 Acres
Taxes: $1,739
Year Built: 1924
Square Feet: 1,302
Feature Descriptions
Sewer: Public Sewer
Listed By / Shown By
Listed By
Agency Name: JAX INVEST REALTY LLC
Shown By
Agent Name: Banke Ayanleke
Agent Phone: (850) 792-4919
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 667.68 per month $493.74 Principal & Interest $144.92 Property Tax $29.02 Homeowner's InsuranceChange Payment Information
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316 Ivy Street | MLS# 2143570
This single family home located at 316 Ivy Street, Jacksonville, FL 32206 is currently listed for sale with an asking price of $99,500. This property was built in 1924 and has 3 bedrooms and 1 full and 1 partial baths with 1302 sq. ft. Ivy Street is located in the Brentwood subdivision. Search Brentwood real estate on www.bankeayanleke.com today.