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Updated about 7 years ago on .

User Stats

42
Posts
120
Votes
Jason Palmer
  • Wholesaler
  • Jacksonville, FL
120
Votes |
42
Posts

JACKSONVILLE WESTSIDE 3/2 ON A LARGE LOT WITH EXPANSION POTENTIAL

Jason Palmer
  • Wholesaler
  • Jacksonville, FL
Posted

SEE MORE PICTURES

Great opportunity on the west side of Jacksonville, FL in the desirable Argyle Forest area. This 1,100 sf, concrete block, 3/2 is in need of some love, but sits on a very large lot (~3/4 acre) and is currently rented at $900 per month. You can keep the tenant in place and let it cash flow for a while, or let them move on and set yourself up with a nice retail flip. There is a bonus room that is currently being used as a fourth bedroom, and there is opportunity to expand the layout to maximize your square foot retail price. The sale comps in the area are as high as $133 per square foot, and rental comps range from $1,100 - $1,600 on much smaller lots.
    
The home will be available to inspect on Monday, May 14, 2018 from 2:00-4:00 PM, so bring your contractor and take your time deciding before you commit.
Offering