2185 Benedict Rd, Jacksonville, FL 32209

High-Yield Multifamily Opportunity in Jacksonville, FL!

Secure a fantastic income-generating asset at 2185 Benedict Rd, a 3-bedroom, 2-bathroom multifamily property nestled in a dynamic part of Jacksonville, FL. Built in 1953, this 1,260 sqft property offers excellent potential for immediate cash flow and long-term appreciation. Priced at just $120,000 with an estimated refinance payment of $1,009/month, this property represents an exceptional value in a market where the average rent for the 32209 zip code is around $1,018/month. Recent property history shows a sale in December 2022 for $230,000, suggesting a significant drop in current asking price, which could mean a lucrative opportunity for a savvy investor. Jacksonville is known for its lower cost of living (8% lower than the national average) and a warm rental market, making it an ideal location for expanding your real estate portfolio. Don’t miss this chance to acquire a promising multifamily property in a growing Florida city!