Additional Details

• Important Details: --> M2M tenants @ $1350/mo --> 3/1 CBS! --> Tax-assessed at $111k
• Features: New deal in Jacksonville! This 3 bedroom, 1 bathroom home features 1,307 sqft of living space with an attached carport. Conveniently located near I-95, I-295, I-10, downtown Jax, St. Vincent's Hospital, Baptist Medical Center, and NAS Jacksonville. Month-to-month tenants paying $1350/month.
• Potential ARV: $200,000 - $230,000
• Rehab Description: For a flip or rental this needs interior cosmetic updates to the kitchen, bathroom, and flooring. Spot repair drywall and replace wood paneling in one room. Apply fresh interior paint throughout. Roof replaced in March 2022 and Central HVAC replaced approx. 6 years ago. Plumbing and electrical in working condition but may need attention. Some windows may need replacing. Pressure wash and paint exterior and do some landscaping to boost appeal.
• Ideal Investment Strategy: Rental/Resale
• Estimated Rehab: $30,000 - $40,000
• Comparable Rent: $1500
• Construction: CBS
• Comp 1: 6220 Alexon Dr, Jacksonville, FL 32210 (3/1, 1180 sqft) SOLD $227k in MARCH (1955 build, updated, carport)
• Comp 2: 1804 Cedar River Dr, Jacksonville, FL 32210 (3/1, 1396 sqft) SOLD $220k in APRIL (1954 build, dated interior, 1-car garage)
• Comp 3: 6019 Wilson Blvd, Jacksonville, FL 32210 (31, 1052 sqft) PENDING $195k (1956 build, dated interior, carport, on same road)
• Comp 4: 2420 Bayview Rd, Jacksonville, FL 32210 (3/1, 1138 sqft) SOLD $215k in FEBRUARY (1944 build, framer, updated, no carport or garage, different pocket)
• Comp 5: 5056 Sunderland Rd, Jacksonville, FL 32210 (3/1, 996 sqft) SOLD $210k in APRIL (1943 build, framer, updated, no carport or garage, different pocket)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab