4225 SPRINGFIELD BLVD, Jacksonville, FL 32206
4225 SPRINGFIELD BLVD, Jacksonville, FL 32206
4225 SPRINGFIELD BLVD, Jacksonville, FL 32206
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Johanna Morel

Johanna Morel

+1(614) 638-8337
$1,050,000
Est. payment /mo
22 Beds
12 Baths
8,529 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Multi Unit, Duplex/Multi Unit Lot

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,529 sqft

Price per Sqft $123

Subdivision Brentwood

MLS Listing ID 2163459

Bedrooms 22

Full Baths 12

Year Built 1955

Annual Tax Amount $1,919

Lot Size 1.220 Acres

Acres 1.22

Property Sub-Type Multi Family

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

Turnkey 7-home Jacksonville rental portfolio offered together at $1,050,000. All properties are occupied by Section 8 tenants and generate $10,500 in combined monthly rent, meeting the 1% Rule. Tenants pay utilities and maintain the lawns, helping reduce owner expenses. The portfolio includes four 3-bedroom homes, two 4-bedroom homes and one 2-bedroom home, with six featuring durable brick construction. Improvements include updated roofs, HVAC, plumbing, electrical systems and kitchens, plus a new 2026 HVAC at 447 W 63rd St. Current underwriting reflects approximately $73,265 in stabilized NOI and a 7% cap rate, including management and market-rate insurance assumptions. Individually deeded properties offer diversification and future resale or refinancing flexibility. Rent roll, HAP contracts, leases, tax bills and insurance information are available for review, and property access is available to qualified buyers. Ideal for cash or DSCR-financed investors.

Location

State FL

County Duval

Community Brentwood

Area 071-Brentwood/Evergreen

Direction SOUTH ON PEARL RIGHT ON ALDER RIGHT ON SPRINGFIELD BLVD TO CORNER LOT HOME.

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Off Street

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Garage No

Private Pool No

Building

Lot Description Few Trees

New Construction No

Others

Tax ID 088019-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by COLDWELL BANKER ANABASIS REALTY • TREY HAGINS
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Johanna Morel

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+1(614) 638-8337

joannamorel18@gmail.com

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4225 SPRINGFIELD BLVD