Charming Historic Bungalow in Jacksonville 🏡

Property Details:

• Bedrooms: 2
• Bathrooms: 2
• Livable Area: 1,260 sqft (per Owner)
• Lot Size: 6,098 sqft
• Year Built: 1926 (Wood Frame)
• Asking Price: $269,990
• EMD: $5,000
• Closing Date (COE): 9/18/24

🔗 Link to Photos: View Photos

Investment Overview:

• After Repair Value (ARV): $400,000
• Asking Price: $269,990

Comparable Sales:

1. 2918 FORBES Street:

   • Sale Price: $413,000
   • Sold Date: April 2024
   • Condition: Remodeled
   • Property Details: 3 beds / 2 baths / 1,274 sqft / Built in 1928 (Wood Frame)

2. 2522 POST Street:

   • Sale Price: $393,500
   • Sold Date: May 2024
   • Condition: Remodeled
   • Property Details: 3 beds / 2 baths / 1,320 sqft / Built in 1923 (Wood Frame)

Property Features:

• Historic Charm: Built in 1926, this home exudes the charm and character of the historic Riverside area.
• Spacious Living Area: With 1,260 sqft of living space, this 2-bedroom, 2-bathroom home offers a comfortable layout.
• Investment Potential: The property is priced below market value, providing significant upside potential after renovation.
• Prime Location: Located in the heart of Riverside, one of Jacksonville’s most sought-after historic neighborhoods, known for its vibrant community and proximity to downtown.

Opportunity:

This property offers an excellent opportunity for investors or homeowners looking to restore a historic bungalow in a desirable area. With nearby comps selling in the $400k range, there's significant potential for a profitable return on investment.

Contact Us:

📞 Interested in this opportunity? Contact us for more details or to schedule a viewing.

Disclaimer:

This company has a direct contract with the seller. Legal action will be taken against anyone who contacts the seller directly. The property is sold as-is, with the buyer responsible for all closing and escrow costs. Buyers must conduct their own due diligence. No guarantees are made regarding property condition, value, or benefits. This is an assignment of contract with exclusive rights to purchase. We are not brokers and do not represent the seller. Contacting the owner without our consent will result in legal action. Buyers should verify all permits and information with the city/county building department.