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Posted: Monday, February 12, 2018 11:15 AM

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Property Description:

Amazing investment opportunity! Turnkey duplex with long term tenants. Rents need to be raised to $700/unit, property is rented way below market value. No active rental listings in the city at the time of this listing. Low expenses with consistent rental income. Minutes from Webber International University, a private institution of higher learning. Building has been renovated. Newer roof and air conditioning units. Washer and dryer hookups in each unit. Tons of growth in the area and county. Call us today.

Property Info:

Property type: Multi Family
Total units: 2
Total bedrooms: 4
Total bathrooms: 2
Building size: 1760 sqft.
Lot size: 0.3 acres
Year built: 1985
County: Polk County
Subdivision: STEPHENSONS ADDITION
Construction: Brick
Roof: Shingle
Water source: City
Water disposal: Sewer
Heating: Central
Cooling: Central

Property Financials:

Asking price: $119,900
Estimated rehab: $0
Total investment: $119,900
Type: Proforma
Gross return: 14.01%
Net return: 10.86%
Gross income: (annually) $16,800
Operating expenses: (annually) $3,775
Net income: (annually) $13,025
Gross income: (monthly) $1,400
Operating expenses: (monthly) $315
Net income: (monthly) $1,085


Real Pro
(954) 317-0019
info@realpro.com

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• Location: 110 Stephenson Ave,Babson Park, FL 33827, Jacksonville

• Post ID: 21432532 jacksonville
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