1402 POWHATTAN ST, JACKSONVILLE, FL, 32209
$119,900
Residential
Bedrooms
2
Bathrooms
1
Living Area
506 Sqft
Lot Size
2,562 Sqft
EXCELLENT ROI!! 10.06% YEARLY R.O.I. ON FULL ASK AFTER ESTIMATED TAXES & MANAGEMENT — CAN’T BEAT THAT RETURN!! Calling all investors! This fully renovated 2-bedroom, 1-bathroom home is a turnkey, income-producing investment with a tenant already in place! FULLY RENOVATED IN 2024, this property features a new A/C unit, new flooring throughout, new drywall throughout, new windows, new interior and exterior doors, new kitchen cabinets, countertops and hardware, new shower surround, new toilet, new bathroom vanity, new ceiling fans and light fixtures, new blinds, and fresh interior and exterior paint. The home also features a newer water heater, stainless steel range and refrigerator, along with a brand-new roof installed in 2023. Best of all, the property is currently rented at $1,100 per month with a lease that does not expire until May 31, 2027, giving the new owner immediate and established rental income from day one. At the full asking price, this property offers an estimated 10.06% YEARLY ROI AFTER ESTIMATED PROPERTY TAXES AND MANAGEMENT EXPENSES! With extensive renovations already completed, major systems updated, and a tenant secured through May 2027, this is an excellent opportunity for an investor looking for a turnkey rental with strong cash flow and minimal upfront work. Add it to your portfolio and start collecting rent immediately!
Property Details
Property Features Property Features
MLS ID: MFRO6439763 Year Built: 1928
Appliances: Electric Water Heater, Range, Refrigerator Construction Materials: Vinyl Siding
Cooling: Wall/Window Unit(s) Country: US
County Or Parish: Duval Direction Faces: East
Exterior Features: Lighting Flooring: Luxury Vinyl
Foundation Details: Crawlspace Furnished: Unfurnished
Heating: None Laundry Features: None
Levels: One Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant Property Sub Type: Single Family Residence
Property Type: Residential Road Surface Type: Asphalt
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected Water Source: Public
Rooms Rooms
Living Room: 8x8 ft Primary Bedroom: 8x8 ft
Primary Bathroom: 4x6 ft Kitchen: 8x8 ft
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