4225 Springfield Boulevard

Jacksonville FL 32206

1148 sq. ft.

53143.2 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Turnkey 7-home Jacksonville rental portfolio offered together at $1,050,000. All properties are occupied by Section 8 tenants and generate $10,500 in combined monthly rent, meeting the 1% Rule. Tenants pay utilities and maintain the lawns, helping reduce owner expenses. The portfolio includes four 3-bedroom homes, two 4-bedroom homes and one 2-bedroom home, with six featuring durable brick construction. Improvements include updated roofs, HVAC, plumbing, electrical systems and kitchens, plus a new 2026 HVAC at 447 W 63rd St. Current underwriting reflects approximately $73,265 in stabilized NOI and a 7% cap rate, including management and market-rate insurance assumptions. Individually deeded properties offer diversification and future resale or refinancing flexibility. Rent roll, HAP contracts, leases, tax bills and insurance information are available for review, and property access is available to qualified buyers. Ideal for cash or DSCR-financed investors. Portfolio addresses: 4225 Springfield Blvd, Jacksonville, FL 32206 5123 Yearling Ln, Jacksonville, FL 32210 2428 Warfield Ave, Jacksonville, FL 32218 2151 Leger Circle, Jacksonville, FL 32208 447 W 63rd St, Jacksonville, FL 32208 530 W 66th St, Jacksonville, FL 32208 7025 Barberie St, Jacksonville, FL 32208

Features

3 bedrooms

1 bathroom

1148 sq. ft. floor area

53143.2 sq. ft. lot size

Single-Family

Property history for 4225 Springfield Boulevard

2015

Sold

$40,000

22 May 2015 by MARC BIOLLEY, of Homestar Realty Investments Inc.

2002

Sold

$36,000

20 Sep 2002 by BONNIE SIECKER, of Dames Point Realty Inc

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