This large three bedroom house is a rare find at only $48,500 and with a tenant in place paying $11,160 per year.
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Property Attributes
Building Characteristics
Detatched
Property Features
Garden, Off Street Parking
Lifestyle features
Suburban, Town
Property DescriptionID:24175893
This very large three bedroom house has been completely refurbished throughout and is Section 8 approved and Section 8 tenanted at $930 a month.The property has three large bedrooms and two large bathrooms, it also comes on a huge 5,143 sqft lot.This property is managed by one of the leading Jacksonville property management companies.This Section 8 property is ideally located in Lackawanna a great family area in west Jacksonville, this area is close to Woodstock, Riverside and Avondale and is only 4.2 miles from downtown Jacksonville.
Investment Details
$11,160 rent a year. $1,160 management fee. $500 taxes. $500 insurance. = 19% net return.
This large three bedroom house is a rare find at only $48,500 and with a tenant in place paying $11,160 per year.