Kari Sullivan
REALTOR® | Luxury Property Specialist
316 IVY Street, Jacksonville, FL 32206
Brentwood
$99,500
$76/sq ft
Active
About This Home
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.
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.
Location
Features & Amenities
Interior Features
- Electric Oven
- Refrigerator
Exterior Features
- On Street
Property Details
Property Type:
Single Family Residence
Year Built:
1924
Lot Size:
0.13 Acres (5,662 sq ft)
Stories:
1
Property Tax (2025):
$1,740/year
MLS #:
2143570
Utilities:
Electricity Connected, Sewer Connected, Water Connected
