4225 SPRINGFIELD BLVD new Save Request In-Person Tour Request Virtual Tour
Jacksonville,FL 32206
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,418 sqft
Price per Sqft $124
Subdivision Brentwood
MLS Listing ID 2086602
Bedrooms 16
Full Baths 9
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1955
Annual Tax Amount $1,622
Lot Size 4,922 Sqft
Acres 0.11
Property Sub-Type Multi Family
Property Description
This 5-unit single-family home portfolio in Jacksonville, FL offers immediate cash flow with $6,491 in current monthly rental income. Proforma projections indicate the potential to increase monthly income to approximately $7,471 with minor rent adjustments.The portfolio's strong financial performance includes a 15.2% leveraged IRR and a projected 1.97x equity multiple over five years. With a stabilized debt service coverage ratio (DSCR) above 1.5, this investment is well-positioned to generate consistent cash flow while maintaining healthy leverage. This value-add opportunity combines immediate income with long-term growth potential. Make sure to reach out before this deal is gone!
Here are the Five property Addresses:
4225 Springfield Blvd, Jacksonville, FL 32206,
5123 Yearling Ln, Jacksonville, FL 32210,
2428 Warfield Ave, Jacksonville, FL 32218,
2151 Leger Cir, Jacksonville, FL 32208,
447 W 63rd St, Jacksonville, FL 32208
Location
State FL
County Duval
Community Brentwood
Area 071-Brentwood/Evergreen
Direction From N Pearl St turn onto Woodbine St. From Woodbine St turn onto Springfield Blvd. The destination will be on the right.
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Other
Garage Spaces 1.0
Utilities Available Electricity Connected
Total Parking Spaces 1
Garage Yes
Private Pool No
Building
Lot Description Cleared
New Construction No
Others
Tax ID 088019-0000
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional