When it comes to investing in real estate, finding a property that promises both cash flow and potential for value appreciation is a dream come true. Luckily, the opportunity to own such a property is right here with this Jacksonville investment property for sale.
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Located at 1403 and 1339 Palmdale St, this property boasts not only significant potential but also the chance to add value through some tender loving care (TLC). With a cap rate of up to 20%, this investment property offers an excellent return on investment.
One of the key advantages of this property is its convenient location in a sought-after neighborhood. Tenants will have easy access to nearby amenities, services, and major transportation routes, making it highly appealing to a wide range of potential renters. Whether it’s shopping centers, schools, restaurants, or medical facilities, everything is just a stone’s throw away.
Furthermore, the community atmosphere in this neighborhood is warm and inviting. This creates a steady demand for rental properties, ensuring consistent occupancy rates and reducing the risk of extended periods without tenants. As an investor, you can rest assured that there will always be a demand for this property.
In addition to its promising location and potential for high rental yields, this investment property offers a solid foundation for your investment purposes. The property features a great backyard, perfect for entertaining tenants and attracting those seeking a comfortable outdoor space to relax.
To further evaluate the investment potential, it is recommended to contact the seller for the current rent roll. This will provide you with a better understanding of the cash flow and potential rental income that can be generated from this property.
With all these impressive features, it’s crucial not to miss out on this chance to secure a high-performing investment property in Jacksonville. Take the initiative and call today to schedule a viewing and discuss the possibilities of this property. Don’t hesitate, as opportunities like this don’t come around often.
1339 PALMDALE ST, JACKSONVILLE, FL 32208