RARE JACKSONVILLE COSMETIC FIXER | BUY @ $73 SQFT ------> SELL @ $150 SQFT๐Ÿ’ฐ

Duval County, Jacksonville, FL, 32254
Sold
Listed at: January 5th, 2024
Price
$129,000
Sq. Footage
1968
Type
Single-Family
Parking
Driveway
Year build
1953
Lot size
0.53 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
1
Summary

๐ŸกAddress: 857 Reynolds LN Jacksonville FL 32254๐Ÿก

SPECS:

๐Ÿ›๏ธ: 3 Bed

๐Ÿงป: 2 Bath

๐Ÿก: 1,968 Sqft

๐ŸŒฒ: 22,919 Sqft


Property is in Need of a cosmetic rehab, seller replaced the HVAC less than 3 years ago. Age of the roof is unknow, the last permit on file with the county was pulled in 2002 (roof replacement taken into account of asking price & rehab estimate)

Key Aspects:

Property can be flipped as is but there is enough sqftage to make additions which could potentially yield a higher multiple when selling the property or refinancing.

Massive investor activity in the area.... around this property in the last 3/mo multiple investors have finished projects and sold very quickly on market.

Last thing to take into consideration is the timeline... Based on an average turn around this property can be back up on the market in 90-120 days which will put you right into one of the best times of the year to sell property.

COMPS:

  1. 5073 COLUMBUS Avenue, JACKSONVILLE, FL 32254 - SOLD 9/22/23 224k 1,248 sqft - ($179 SQFT)
  2.  5231 BROADWAY Avenue, JACKSONVILLE, FL 32254 - SOLD 7/28/23 210k 1,112 sqft - ($188 SQFT)
  3. 817 DENNISON Street, JACKSONVILLE, FL 32254 - SOLD 200k 11/17/23 1,092 sqft - ($183 SQFT)
  4. 3416 Greenbrier Dr Jacksonville, FL 32254 - PENDING 183k 3/1/1,014
  5. 3129 Sunnybrook Ct Jacksonville, FL 32254 - PENDING 179k 900 sqft
  6. 3051 Columbus Ave Jacksonville, FL 32254 - SOLD 240k 4/2/1,698 sqft 10/27/23 ($141 SQFT)
  7. 5073 Columbus Ave Jacksonville, FL 32254 - SOLD 9/22/23 224k 4/2/1,248 sqft ($179 SQFT)
  8. 3505 Westwood St Jacksonville, FL 32254 - SOLD 7/25/23 3/2/1,464 215k ($146 sqft)
  9. 817 Dennison St Jacksonville, FL 32254 - SOLD 11/17/23 200k 3/2/1,092 ($183 sqft)
  10. 5147 Abel Ln Jacksonville, FL 32254 - SOLD 10/19/23 3/1/1,296 195k ($150 SQFT)

AVERAGE SALES PRICE: $168 SQFT

ASKING: $67 SQFT


We work with realtors and wholesalers! Add your fee on top or call for commission structure. Buyer to verify all facts and figures. Information provided is deemed accurate but could be incorrect. Buyer to do his/her own due diligence. Property is being sold "AS-IS" and requires either cash or Hard Money to close within 7-14 business days typically. Non-Refundable earnest money is required on any properties marketed for a binding agreement between buyer and seller. 


TO SUBMIT AN OFFER CALL OR TEXT JC @ 661-974-9331

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jc Stevenson

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