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853 Mikael Ave, Jacksonville, FL 32205
853 Mikael Ave, Jacksonville, FL 32205
SOLD! $114,990 - Single Family
1025 sq ft 2 Bedrooms 1 Bathroom 1 Garage 1949 Year Built

Additional Details

  • Important Details: --> 2/1 cbs in Normandy --> M2M tenants @ $1495/mo
  • Features: New deal in Normandy! This 2 bedroom, 1 bathroom home features 1,025 sqft of living space with an attached carport and screened porch. This deal is cash-flowing with month-to-month tenants paying $1,495/mo! Located next to historic Murray Hill and close to Avondale and Riverside, which feature many popular restaurants and shopping. A short drive to Downtown Jax and NAS Jacksonville.
  • Potential ARV: $180,000 - $195,000
  • Rehab Description: For a flip or rental, this needs a cosmetic update to the kitchen, bathroom, flooring, and trim/fixtures. Some windows may need replacing. Roof was recently replaced in 2022. AC units and electrical work but may need updating Pressure wash and paint exterior and do some landscaping to boost appeal.
  • Estimated Rehab: $25,000 - $35,000
  • Ideal Investment Strategy: Rental/Resale
  • Comparable Rent: $1500
  • Construction: CBS
  • Comp 1: 4817 Kerle St, Jacksonville, FL 32205 (2/1, 856 sqft) SOLD $237k in APRIL (1942 build, renovated, 1-car garage)
  • Comp 2: 522 Murray Dr, Jacksonville, FL 32205 (2/1, 946 sqft) SOLD $230k in FEBRUARY (1956 build, renovated, no garage or carport)
  • Comp 3: 5156 Astral St, Jacksonville, FL 32205 (3/1, 999 sqft) SOLD $240k (1946 build, renovated)
  • Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab
Property Location

Christopher Williams

Contact

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Christopher Williams