Additional Details

• Important Details: --> LEASED until 2/29/24 but tenant actively moving out --> $1500/mo rent --> $2590 security deposit --> Tax assessed at $165k
• Features: Another Jax deal! This 4 bedroom, 2 bathroom cbs home features 1,531 sqft of living space and sits on a 0.22 acre lot. Partially updated but clean and livable. Tenants are on a long term lease but actively moving out. Highly desirable Rolling Hills neighborhood, close to I-10, I-295, and Hwy 90 for easy commuting to downtown, the airport, and NAS Jacksonville. Don't miss out on this one!
• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $260,000 - $280,000
• Rehab Description: For a flip or rental, this needs cosmetic updates only. Deep clean and spot repair some drywall. Apply fresh interior paint throughout. Replace some trim/fixtures. Roof was replaced with a permit in 2022. Central HVAC in like new condition and works great. Electrical and plumbing are in good shape. Pressure wash and paint exterior and trash out detached shed to boost curb appeal. Optionally, update the kitchen, bathrooms, and flooring to maximize value.
• Estimated Rehab: $20,000 - $35,000
• Comparable Rent: $1800 - $2000
• Construction: CBS
• Comp 1: 1090 WINSTONIAN WAY ST, JACKSONVILLE, FL 32221 3/2, 1444 sq ft SOLD $273k in APRIL (1975 build, cbs, updated, 1-car garage, 0.20 acres)
• Comp 2: 8457 RED HOLLY LN, JACKSONVILLE, FL 32221 4/3 1308 sq ft SOLD $255k in APRIL (1979 build, cbs, partially updated, 1-car garage, 0.18 acres)
• Comp 3: 8313 FROST ST, JACKSONVILLE, FL 32221 3/2, 1286 sq ft SOLD $249K in JUNE 2023 (1973 build, cbs, partially updated, 0.22 acres)
• Comp 4: 880 PINEMEADOW COVE, JACKSONVILLE, FL 32221 3/2, 1433 sq ft SOLD $249K in MARCH 2023 (1966 build, cbs, partially updated, 2-car garage, 0.23 acres)
• Comp 5: 8147 HOMESTEAD OAKS DR, JACKSONVILLE, FL 32221 3/2, 1304 sqft SOLD $265k in JULY (1997 build, framer, updated interior, 2-car garage)