1470 Combs Rd Jacksonville, FL 32221

Property Details for 1470 Combs Rd

Year built

1958

Lot size

0.46 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a portfolio of nine tenant-occupied, two-bedroom, one-bathroom concrete block homes in Jacksonville, Florida. Situated across three parcels totaling 0.46 acres, these properties offer a compelling combination of immediate cash flow and long-term appreciation potential. The portfolio includes properties located on Combs Road and Bivins Road. Each home boasts individual septic systems, ensuring independent utility management. Significant recent improvements have been made across the portfolio, including new roofs, HVAC systems, concrete driveways, fences, mailboxes, exterior paint, and hot water tanks. Three homes have also undergone recent kitchen and bathroom upgrades. Interior features include modern and insurable electric panels, CPVC plumbing and well lines, and tile or laminate flooring. A planned new community deep well further enhances the long-term value and sustainability of this investment. The properties are currently generating rental income, and the existing tenants should not be disturbed. This turnkey portfolio offers a rare opportunity to acquire a substantial rental income stream in a desirable Jacksonville location. The properties are sold as a package. Individual addresses are available upon request. This is an exceptional opportunity for investors seeking a stable and high-yielding real estate portfolio.