Kari Sullivan
REALTOR® | Luxury Property Specialist
4225 SPRINGFIELD Boulevard, Jacksonville, FL 32206
Brentwood
$1,050,000
$123/sq ft
Active
About This Home
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
Features & Amenities
Exterior Features
- Few Trees
- Off Street
Property Details
Property Type:
Multi Family
Year Built:
1955
Lot Size:
1.22 Acres (53,143 sq ft)
Property Tax (2025):
$1,919/year
MLS #:
2163459
Utilities:
Cable Available, Electricity Available, Sewer Available, Water Available
