1402 Powhattan Street, Jacksonville, FL 32209

Property Description

EXCELLENT ROI!! 10.06% YEARLY R.O.I. ON FULL ASK AFTER ESTIMATED TAXES & MANAGEMENT — CAN’T BEAT THAT RETURN!! Calling all investors! This fully renovated 2-bedroom, 1-bathroom home is a turnkey, income-producing investment with a tenant already in place! FULLY RENOVATED IN 2024, this property features a new A/C unit, new flooring throughout, new drywall throughout, new windows, new interior and exterior doors, new kitchen cabinets, countertops and hardware, new shower surround, new toilet, new bathroom vanity, new ceiling fans and light fixtures, new blinds, and fresh interior and exterior paint. The home also features a newer water heater, stainless steel range and refrigerator, along with a brand-new roof installed in 2023. Best of all, the property is currently rented at $1,100 per month with a lease that does not expire until May 31, 2027, giving the new owner immediate and established rental income from day one. At the full asking price, this property offers an estimated 10.06% YEARLY ROI AFTER ESTIMATED PROPERTY TAXES AND MANAGEMENT EXPENSES! With extensive renovations already completed, major systems updated, and a tenant secured through May 2027, this is an excellent opportunity for an investor looking for a turnkey rental with strong cash flow and minimal upfront work. Add it to your portfolio and start collecting rent immediately!