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3220 Cathedral Ln, Jacksonville, FL 32277
3220 Cathedral Ln, Jacksonville, FL 32277
$199,990 - Single Family
1323 sq ft 3 Bedrooms 2 Bathrooms 1 Garage 1961 Year Built

Additional Details

  • Important Details: --> M2M tenants paying $1,150/mo --> Estoppel provided at or before closing
  • Features: Another deal near Jacksonville University! This 3 bedroom, 2 bathroom concrete block home features 1,323 sqft of living space with an attached 1-car garage. Located in Arlington Manor, near Jacksonville University and several parks. A few minutes from major highways and the Beltway for easy commuting to downtown, NAS Jacksonville, or the beaches. Don't miss out on this dual-threat play!
  • Potential ARV: $285,000 - $300,000
  • Rehab Description: No rehab needed immediately as property is rented month-to-month. Keep tenants and raise the rent or remove tenants, renovate, and re-rent or flip. For a flip or rental, this needs cosmetic updates to achieve maximum value. Update the kitchen, bathrooms, flooring and trim/fixtures. Goodman HVAC installed in 2017. Roof and Plumbing replaced with permits in 2009.
  • Estimated Rehab: $25,000 - $35,000
  • Construction: CBS
  • Ideal Investment Strategy: Rental/Resale
  • Comparable Rent: $1,600
  • Comp 1: 6226 Lenczyk Dr, Jacksonville, FL 32277 3/2, 1229 sqft PENDING $305k (1962 build, renovated, 1-car garage)
  • Comp 2: 3227 Plumtree Dr, Jacksonville, FL 32277 3/2, 1391 sqft SOLD $290k in AUGUST (1960 build, carport)
  • Comp 3: 3147 Cesery Blvd, Jacksonville, FL 32277 3/2, 1376 sqft SOLD $285k in AUGUST (1958 build, updated, 1-car garage)
  • Comp 4: 6231 Shetland Rd, Jacksonville, FL 32277 3/2, 1383 sqft SOLD $223k in JULY (1960 build, dated, as-is sale, carport)
  • Comp 5: 3754 Cherokee Villa Ln, Jacksonville, FL 32277 4/2.5, 1408 sqft SOLD $313k in AUGUST ($180k cash sale) (1960 build, 3/1.5 on tax roll and renovated to current specs)
Property Location

Christopher Williams

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Christopher Williams