Additional Details

• Contact: Chris Williams (954) 807-9154 - cwilliams@propertyforce.com
• Important Details: --> VACANT AT CLOSING! --> Tax-assessed at $105k -->2 car detached garage
• Features: New Jax deal! This 3 bedroom, 1 bathroom home features 1,138 sqft of living area and a detached 2-car garage. Property sits on spacious 0.25-acre lot with private fenced backyard. Property is in quiet residential area within walking distance to Woodstock Park and 10 minutes from downtown Jacksonville. Multiple exit strategies as a classic flip or as a cash-flowing rental. Don't miss this one!
• Rehab Description: For a flip or rental, this property will need a full renovation and a trash out. Replace kitchen, bathrooms, and flooring throughout. Some windows and trim/fixtures will need attention. Central HVAC, electrical, and plumbing needs attention. Roof appears to have remaining useful life with no apparent visible leaks. Deep clean, apply fresh interior/exterior paint, and do some landscaping to boost value and appeal.
• Potential ARV: $175,000 - $195,000
• Estimated Rehab: $50,000 - $60,000
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1,400
• Construction: Frame/Brick Veneer
• Comp 1: 1007 Hood Ave, Jacksonville, FL 32254 (3/1, 1096 sqft.) SOLD for $180K in FEBRUARY (1946 build, Updated. Older build, slightly smaller.)
• Comp 2: 920 Allison St, Jacksonville, FL 32254 (3/1, 1183 sqft.) SOLD for $177K in DECEMBER (1924 build, Updated. Half the lot size, significantly older build)
• Comp 3: 1113 Melson Ave, Jacksonville, FL 32254 (2/1, 870 sqft.) PENDING for $175K in FEBRUARY (1951 build, Fully updated. 300 sqft smaller with 1 less bed on smaller lot.)
• Comp 4: 2917 Broadway Ave, Jacksonville, FL 32254 (3/1, 1668 sqft.) SOLD for $199K in DECEMBER (1948 build, Dated interior, older build)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab