This exceptional investment opportunity presents a three-unit multifamily portfolio in Jacksonville, Florida's Duval County, encompassing a duplex and a single-family home. The duplex, located at 4304/4306 Springfield Blvd, Jacksonville, FL 32206, boasts a total of 1,660 square feet on a 5,540 square foot lot. Each of the two units features two bedrooms and one bathroom, recently renovated (2022-2023) with a new roof, AC, plumbing, and electrical systems. Minor cosmetic work is needed to complete the turnover. The property's current rental status is vacant, but a potential rental income of $1,850 is projected. The single-family home, situated at 1302 W 31st St, Jacksonville, FL 32209, offers 598 square feet on a large 5,000 square foot lot with potential for subdivision and new construction. This unit, also a two-bedroom, one-bathroom property, requires renovation but already features a new roof, framing, and drywall. The projected rental income for this property is $950 per month. The entire portfolio is classified as Class C, with a projected annual income of $33,600 and a pro forma cap rate of 10.91%. The asking price for this value-add investment is $220,000. This portfolio offers significant potential for rental income and appreciation in a thriving Jacksonville market.
Highlights
1. Single-family home.
2. Side-by-side duplex.
3. Asking price: $220,000
Property Details
for 4304 Springfield Blvd
Property type
Residential income homes
Class
C
Year Renovated
2022
Buildings
2
Units
3
Location Insight
City
Jacksonville
County
Duval
State
Florida
Latitude
30.365397239129
Longitude
-81.661109635264
4304 Springfield Blvd, Jacksonville, Florida
Nearby Similar for Sale
For Sale
$2,900,000
Jacksonville 19-Unit Rental Portfolio
High-Yield Single-Family Home Portfolio in Jacksonville, FL
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
Drew Attias
Jana Tupaz
Learn more
Useful Information
Request information
4304 Springfield Blvd, Jacksonville, Florida, 32206
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
4304 Springfield Blvd
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.