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979 Mikael Avenue

Jacksonville, FL 32205
  • $225,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 2017827
UPDATED: 180 min ago
$225,000
  • 2
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 813
    SQFT
  • $277
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

Description

''Introducing a lucrative investment opportunity: Remifentanil Income Producing Property! Currently rented at $1895.00 per month, this property boasts recent renovations including new appliances and flooring just one year ago. With solid cash flow, here are the numbers: Enjoy an impressive 8.74% cap rate and a robust 1.31 DSCR at 75% LTV. Leveraged cash-on-cash return stands at an attractive 14.69%. Don't miss out on this chance to secure steady returns and grow your portfolio. Invest in Residential Income Producing Property today! Buyer to verify numbers

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© 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2024-05-22T00:41:01.297.

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979 Mikael Avenue Jacksonville, FL 32205

  • Price: $225,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 180 min ago
  • MLS #: 2017827
2
Beds
0
Baths
0
½ Baths
0.18
Acres
813
SQFT
$277
$/SQFT
1949
Built
Neighborhood:
Normandy
County:
Duval
Area:
052-LAKESHORE
Property Description
''Introducing a lucrative investment opportunity: Remifentanil Income Producing Property! Currently rented at $1895.00 per month, this property boasts recent renovations including new appliances and flooring just one year ago. With solid cash flow, here are the numbers: Enjoy an impressive 8.74% cap rate and a robust 1.31 DSCR at 75% LTV. Leveraged cash-on-cash return stands at an attractive 14.69%. Don't miss out on this chance to secure steady returns and grow your portfolio. Invest in Residential Income Producing Property today! Buyer to verify numbers
Exterior Features

Construction Materials Block Entry Level 1 Fencing Back YardPrivacyWood Lot Features Cul-De-Sac Parking Features GarageOff Street Pool Features None Road Surface Type Asphalt Roof Metal Waterfront YN No

Interior Features

Appliances Electric OvenMicrowaveRefrigerator Cooling Central AirElectric Cooling YN Yes Flooring Laminate Furnished Unfurnished Heating CentralElectric Heating YN Yes

Property Features

Association YN No Attached Garage YN No Cdd Fee YN No Current Use Single Family Listing Terms CashConventionalPrivate Financing Available New Construction YN No Possession Close Of EscrowSubject To Tenant Rights Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Utilities Cable AvailableElectricity ConnectedSewer Connected Zoning Residential

Listing courtesy of WIND REALTY: 904-662-1281.


© 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2024-05-22T00:41:01.297.

Digital Millennium Copyright Act
 
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Momentum Realty
12627 San Jose Blvd. 303
Jacksonville FL, 32223