$99,500
Jacksonville, FL 32206
MLS# 2143570
3 beds | 2 baths
1 / 12
Property Description
Investor Special!! Cash Flowing Rental with Upside Potential! Currently occupied with a long-term Section 8 tenant in place for over 20-years. Monthly rent is $1461 producing $17,532 annually. Estimated cap rate is approximately 17.6% at current asking price. Spacious living room with separate dining area. Functional kitchen layout. Washer and Dryer hookups. Property will require repairs and updates and is priced accordingly. Ideal opportunity for investors looking for a value-add property. Opportunity to improve condition and potentially increase rents over time. Immediate income-producing property with stable occupancy. Do not disturb tenant. Showings by appointment only. Owner is a licensed real estate broker.
Details
Maps
Contract Information
Current Price: $99,500
Property Sub Type: Single Family Residence
Property Attached YN: No
Status: Active
List Price: $99,500
Listing Contract Date: 2026-05-05
Location Tax and Legal
Street Number: 316
Street Name: IVY
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
MLS Area Major: 071-Brentwood/Evergreen
Subdivision Name: Brentwood
General Property Information
Bedrooms Total: 3
Bathrooms Full: 1
Bathrooms Half: 1
Bathrooms Total: 2
Living Area: 1302
Living Area Source: Assessor
Year Built: 1924
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.13
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 1
Senior Community YN: No
Directions: MLK to Pearl St. North of Pearl then left on Ivy.
Public Remarks: Investor Special!! Cash Flowing Rental with Upside Potential! Currently occupied with a long-term Section 8 tenant in place for over 20-years. Monthly rent is $1461 producing $17,532 annually. Estimated cap rate is approximately 17.6% at current asking price. Spacious living room with separate dining area. Functional kitchen layout. Washer and Dryer hookups. Property will require repairs and updates and is priced accordingly.
Ideal opportunity for investors looking for a value-add property.
Opportunity to improve condition and potentially increase rents over time.
Immediate income-producing property with stable occupancy.
Do not disturb tenant.
Showings by appointment only. Owner is a licensed real estate broker.
List Price/SqFt: 76.42
Status Change Information
Major Change Timestamp: 2026-05-05T18:53:03Z
Major Change Type: New Listing
DPR Eligible
DPR Eligible: Yes
Property Features
Appliances: Electric Oven; Refrigerator
Utilities: Electricity Connected; Sewer Connected; Water Connected
Cooling: Central Air
Heating: Central
Water Source: Public
Sewer: Public Sewer
Parking Features: On Street
Current Use: Residential
Possession: Close Of Escrow
Listing Terms: Cash
Listing Office: JAX INVEST REALTY LLC
Last Updated: May - 05 - 2026
Information deemed reliable but not guaranteed.