1552 W 35TH Street

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1552 W 35TH Street

Jacksonville, FL 32209
Asking Price
$115K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential apartment building available for purchase in Jacksonville
  • Multifamily asset containing a total of two individual units
  • Property located at 1552 W 35th Street in Florida
  • Asking price for this investment asset is 115000 dollars
  • Asset situated within a developing Northeast Florida submarket

What's Special

This multifamily apartment building at 1552 W 35th Street in Jacksonville, Florida, is currently for sale and suited for investors seeking to expand their residential holdings. Comprising two units, the property provides a straightforward entry point into the local housing market. Jacksonville continues to be a central economic hub for Northeast Florida, supported by a diverse regional workforce and robust logistics sectors connected by major interstate arteries. The property is positioned within a suburban context that benefits from the city's steady population growth and increasing demand for rental inventory. Investors may consider this asset for long-term residential leasing strategies or value-add opportunities to enhance the existing units. The location offers accessibility to local transit routes and established neighborhood services, making it a functional addition to a growing investment portfolio in this metropolitan area.

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NOI
$80,000
Cap Rate
69.57%
DSCR
11.72
Strong
Cash-on-Cash
212.09%
Monthly Payment
$568.957
Annual Cash Flow
$73,172.513

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