Wholesaler · Jacksonville, FL · Member since 2016 · 42 posts · 120 votes
7398 Worthington Rd., Jacksonville, FL 32244
OLD PRICE: $79,900
PRICE NOW: $69,900
3 Beds 2 Baths
1,100 Sq Ft
CBS
Lot size: ~3/4 acre
Great opportunity on the west side in the desirable Argyle Forest area! Price is now $10k reduced!
Property sits on a very large lot (~3/4 acre) and is in need of some TLC. 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.
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.
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.