$99,500

316 IVY Street, Jacksonville, FL 32206

  • 3 beds |
  • 2 baths |
  • 1,302 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $76/sqft
  • Property List Date Icon Listed 6 days ago

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. Listing broker is the owner.

Listing Status:
Active
Date Added:
May 5, 2026
Data Last Updated:
May 11, 2026 at 6:35PM
Listing Office:
JAX INVEST REALTY LLC : 904-476-5826
Listing Agent:
PHIL L AMATO : 904-476-5826
MLS ID:
2143570
  • Appliances: Electric OvenRefrigerator
  • A/C: Central Air
  • Heating:
  • General: 1
  • Originating MLS: realMLS (Northeast Florida Multiple Listing Service)
  • County: Duval
  • Zoning: 0877130000
  • Current Use: Residential
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: realMLS (Northeast Florida Multiple Listing Service)

This listing courtesy of PHIL L AMATO , JAX INVEST REALTY LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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