Nubricks.com

Property Sales - 41416149 - Townhouse in USA, Florida, Duval County, Jacksonville

<< Back to search results

Four bedroom house

Property Information

Type:
Property ID:
Location :
Added On :
Price :
Townhouse
41416149
Jacksonville, USA
07 Nov 2020
£ 72,098 / € 80,292 / $ 97,900

Short Description

This huge multi unit is a rare find at $97,900..

Key Information

  • Property ID: 41416149
  • Location: Jacksonville
  • Property Type: Townhouse
  • Prices: £ 72,098 / € 80,292 / $ 97,900
  • Detatched
  • Garden
  • Off Street Parking
  • Outside Space

Full Description

This fantastic renovation project is located in a beautiful street in Mid-Westside, Jacksonville, Florida. The property is currently a vacant very large three bedroom single family home. The house is a fantastic complete renovation project. The property is going to be split into two, two bedroom, one bathroom apartments. There will be a large 2 bedroom apartment upstairs and a large two bedroom apartment downstairs. When the work is complete the management company will place brand new Section 8 tenants each paying $750 in rent each month when the new owner closes on the property.

This property is ideally located in Mid-Westside, Jacksonville, Florida. A great family area only 2.4 miles from Downtown Jacksonville. Jacksonville is home to the largest urban park system in the nation, with 10 state and national parks. Its authentic cuisine, thriving craft-beer scene and fun and cosmopolitan nightlife make Jacksonville a unique location and a sought after area for investors.

 

Investment Calculation


Purchase price: 97,900

Gross annual rental income: $18,000

Property running costs: $2,947
(Tax, insurance and management costs)

Net annual rental income: $15,053

Investment calculation - Net Income divided by Purchase price = NET ROI.

Return on investment: 16%

Break even in 6.25 Years

Contact the Advertiser

Property Alerts

  • Townhouse
  • 4 bedrooms
  • USA
  • Jacksonville
Note: You can 'widen' the alert by clicking on items in the above list to remove them

Useful Services

CAPTCHA Send my request

Related Properties

© 2005-2013 nubricks.com The Overseas Property Blog. All Rights Reserved
Nubricks.com, 24 Jacks Place, Shoreditch London, E1 6NN, United Kingdom