For Sale
$449,000

4208 Jackson StPensacola, FL 32505

Three-unit, high-yield rental homes.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a stabilized, three-unit single-family rental portfolio located in desirable areas of Pensacola and Cantonment, Florida. The portfolio comprises three free-standing homes, built in 1938, 1926, and 1980, totaling 2,220 square feet of net rentable space. Each unit offers unique characteristics and caters to diverse renter needs within the Pensacola market. Recently renovated in 2023, these properties boast a 100% occupancy rate, generating a substantial net operating income (NOI) of $3,742 per month, resulting in a compelling 9.60% cap rate. The asking price is $449,000, translating to $202.25 per square foot and $149,666.67 per unit. The properties are classified as Class C multifamily and are easily maintained, offering a low cost of operation. This portfolio is ideal for investors seeking a stable, high-yield return on investment in the growing Pensacola rental market. Addresses include 4208 W Jackson St, Pensacola, FL 32505

Highlights

  • Easy to lease, generating 100% occupancy.
  • Low operating costs and easy maintenance.
  • Three-unit single-family home portfolio in Pensacola & Cantonment, FL.
  • Each unit offers unique features catering to diverse renter needs.

Property Details for 4208 Jackson St

Property type
Residential income homes, Dormitories
Square Feet
2,220 SF
Class
C
Year Renovated
2023
Buildings
3
Stories
1
Units
3

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.418559785234
Longitude
-87.270241832562
4208 Jackson St, Pensacola, Florida

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4208 Jackson St
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