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1549 W 23rd St, Jacksonville, FL 32209
1549 W 23rd St, Jacksonville, FL 32209
$99,990 - Single Family
1260 sq ft 3 Bedrooms 1 Bathroom 1925 Year Built

Additional Details

  • Important Details: --> LEASED $1200/mo until May 31, 2024
  • Features: CASH-FLOWING RENTAL! This 3 bedroom, 1 bathroom home features 1,260 sqft of living space. Being offered with tenants in place with a $1200/mo lease that runs through May 2024. Located in Moncrief Park, just north of US1 and East of I-95 for easy commuting to downtown or the Beltway.
  • Potential ARV: $135,000 - $150,000
  • Rehab Description: For a rental, this needs little to no updates to keep as a cash-flowing rental with tenants already in place. Optionally, update the kitchen, flooring, and exterior to achieve highest market value once tenants are out next year. Roof shows no sign of leaks or damage, but may need to be replaced due to age eventually. Central HVAC needs attention. Electrical and plumbing are in good working order.
  • Estimated Rehab: $15,000 - $30,000
  • Ideal Investment Strategy: Rental/Resale
  • Comparable Rent: $1200
  • Construction: Frame
  • Comp 1: 1642 W 28th St, Jacksonville, FL 32209 3/1, 824 sq ft SOLD $150K in JULY 2023 (1942 build, dated)
  • Comp 2: 1742 W 24TH ST, JACKSONVILLE, FL 32209 3/1, 960 sq ft SOLD $145K in APRIL 2023 (1960 build, dated)
  • Comp 3: 1842 W 23rd St, Jacksonville, FL 32209 3/2, 960 sq ft RENTED $1200 in APRIL 2023 (1971 build, partially updated)
Property Location