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$119,900

2 Beds 1 Baths 506 SQFT 0.06 Acres
Type: Single Family

1402 POWHATTAN STREET
JACKSONVILLE, FL 32209

MLS#: O6439763
Jesse Grumdahl
Jesse Grumdahl
The Real Estate Advantage
Phone: 612.968.2161
Office: 952.470.7600
Presented by: REALTY HUB with 407-900-1001. - 888-900-1801

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!


 

Interior Features

Bedrooms

Total Bedrooms2

Bathrooms

Half Baths0
Total Baths1

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLuxury Vinyl
Furnished Y/NUnfurnished
Heating Y/NNo
Interior AmenitiesPrimary Bedroom Main Floor
Laundry FeaturesNone
Total Stories1

General

Additional Parcels Y/NNo
AppliancesElectric Water Heater, Range, Refrigerator
Building Area Units0 sqft
Carport Y/NNo
CityJACKSONVILLE
Construction MaterialsVinyl Siding
CoolingWall/Window Unit(s)
CountyDuval
DirectionsFrom New Kings Rd heading towards I-95, turn right onto Powhattan St.
Facing DirectionEast
Flood Zone CodeX
Flood Zone Code XY
Full Baths1
Garage Y/NNo
HeatingNone
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Description4-1 10-2S-26E COLLEGE PARK S 25FT LOT 11, S 24.75FT LOT 12 BLK 3
LevelsOne
Living Area Units0 sqft
Lot Size Square Feet2,562 sqft
Lot Size UnitsSquare Feet
MLS Area32209 - Jacksonville
Minimum Lease1-7 Days
New ConstructionNo
Occupancy TypeTenant
OwnershipFee Simple
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCOLLEGE PARK
Tax Annual Amount$844
Tax Lot11
Tax Year2025
Total Rooms4
UtilitiesBB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1928
ZoningRMD-A

Exterior

Building Area Total506 sqft
Exterior AmenitiesLighting
Foundation DetailsCrawlspace
Lot Dimensions25 x 100
Lot Size Acres0.06
Lot Size Area2,562 sqft
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

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$119,900

2 Beds 1 Baths 506 SQFT 0.06 Acres
Type: Single Family

1402 POWHATTAN STREET
JACKSONVILLE, FL 32209

MLS#: O6439763
Jesse Grumdahl
Jesse Grumdahl
The Real Estate Advantage
Phone: 612.968.2161
Office: 952.470.7600