4208 Jackson St Pensacola, FL 32505
- Residential income homes
- 2,220 SF
Current Use by Public Records
- Residential income homes
Property Details for 4208 Jackson St
- Property size
- 2,220 SF
- Property type
- Residential income homes
- Property subtype
- Dormitories
Description
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
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.270241832562
- Latitude
- 30.418559785234