Additional Details

• Contact: Chris Williams (954) 807-9154 - cwilliams@propertyforce.com
• Important Details: --> Vacant on lockbox! --> 3/2 CBS --> Tax-assessed at $140k
• Features: New deal - 3/2 CBS home in Jax! This 3 bedroom, 2 bathroom home features 1,245 sqft of living area plus a den. Sits on a 0.19-acre lot. Property is being offered vacant in a non-deed-restricted neighborhood and only needs a cosmetic rehab to get it market ready. Get this easy, profitable deal while you can!
• Potential ARV: $240,000 - $255,000
• Rehab Description: For a flip or rental, this needs a full cosmetic rehab. Upgrade the kitchen, bathrooms, and flooring. Patch some drywall and apply fresh interior paint throughout. HVAC and plumbing are in good working condition and electrical has been updated. Roof appears to have remaining useful life and there are no apparent visual leaks. A few old wet spots in ceilings may need to be repaired. Some windows and parts of the soffit/fascia will need attention. Needs to be treated for fleas. Pressure wash and paint the exterior and do some landscaping to boost the curb appeal.
• Estimated Rehab: $40,000 - $50,000
• Construction: CBS
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1,500
• Comp 1: 3040 Dalehurst Dr W, Jacksonville, FL 32277 (3/1.5, 1288 sqft.) PENDING for $229K in MARCH (1960 build, Basic updated, only 1 full bath)
• Comp 2: 2829 Wycombe Dr W, Jacksonville, FL 32277 (3/2, 1404 sqft.) PENDING for $218K in MARCH (1960 build, DATED INTERIOR. Only 3 days on market in March)
• Comp 3: 7642 Tacony Dr, Jacksonville, FL 32277 (4/2, 1604 sqft.) SOLD for $270K in MARCH (1962 build, Partially updated. Only 13 days on market in March)
• Comp 4: 7425 Stonehurst Rd N, Jacksonville, FL 32277 (3/1, 1230 sqft.) SOLD for $220K in JANUARY (1959 build, Only 1 bath. Rental condition)
• Comp 5: 7604 Altus Dr S, Jacksonville, FL 32277 (3/2, 1973 sqft.) PENDING for $293K in MARCH (1960 build, Clean rental condition, semi-updated)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab