Additional Details

• Important Details: --> Vacant on lockbox!
• Features: This 3 bedroom, 1 bathroom home features 1,126 sqft of living area plus a carport and spacious front porch. Property sits on a 0.08-acre lot minutes from downtown Jacksonville. Property is currently being offered vacant and on lockbox. Add another unit to your portfolio or get in and out with a quick flip!
• Rehab Description: For a flip or rental, a few basic things are all that's needed. Finish the bathroom, install new appliances in the kitchen, and apply fresh interior paint throughout. Install new central HVAC or window/wall units. A new water heater is needed as well. No known issues with electrical and plumbing. Roof is new from 2021 and in good condition. 1 or more windows will need to be replaced and minor siding/trim repair will be needed. Pressure wash and paint the exterior and do some minor landscaping to boost appeal.
• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $135,000 - $155,000
• Estimated Rehab: $25,000 - $35,000
• Comparable Rent: $1,200
• Construction: Frame
• Comp 1: 1545 W 5th St, Jacksonville, FL 32209 (3/2, 1296 sqft) SOLD for $163K in JANUARY (1924 build, updated)
• Comp 2: 1342 W 10th St, Jacksonville, FL 32209 (3/1, 1282 sqft) PENDING for $166K in FEBRUARY (1950 build, Rental condition)
• Comp 3: 1203 McConihe St, Jacksonville, FL 32209 (3/1, 1906 sqft) SOLD for $140K in FEBRUARY (1939 build, poor condition, 15 days on market)
• Comp 4: 1420 W 7th st, Jacksonville, FL 32209 (2/1, 713 sqft) SOLD for $124K in FEBRUARY (1964 build, significantly smaller, only 2 beds, updated)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab