💸Cheapest Deal In Jacksonville
 
💥3/1 SFH In A HOT Location!

Near Downtown Jacksonville🏙️
NO HOA🚫

Buy: $89,000

ARV:$140,000

Rent: $1200 Monthly

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Call or Text Us: 321-384-5006

Key Features:

• 🏠 3 beds, 1 full bath
• 🔥 Central heating & cooling
• 🛋️ Flooring: Carpet & Wood
• 🍽️Appliances Included: Disposal, Electric Oven, Refrigerator
• 🧺 Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
• 🚰 Water: Public

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Property Details

This is a very affordable 3-bedroom single family home located in a desirable area of Jacksonville and is only 19 minutes away from the Jacksonville International Airport.

The property boasts a spacious backyard, a new HVAC system, a security system, and a separate laundry room. 
It also has no HOA!

Pictures:

https://drive.google.com/drive/folders/1KwR2UXVG9Zn6-iFdaupEyS69JdYfkk0-?usp=sharing

ARV Comps: Less than 0.6 Miles away & smaller than our 1088 Sqft property

2209 SHERRINGTON Street, Jacksonville, FL 32209

Sold on 01/16/24 $165,000

2302 W 10TH Street, Jacksonville, FL 32209

Sold on 05/21/24 $143,000

2248 W 18TH Street, Jacksonville, FL 32209 

Sold on 09/05/24 $141,000

ARV COMPS: AS IS

2219 W 12TH Street, Jacksonville, FL 32209

Sold on 02/28/24 $150,000

2173 W 13th St, Jacksonville, FL 32209

Sold on 09/20/23 $150,000

2509 WYLENE Street, Jacksonville, FL 32209

Sold on 07/19/24 $113,000

Pros:

1. Instant Equity: Purchasing at $89k with an appraised value of $140k gives you $52k in immediate equity, providing a cushion and potential for profit.
   
   
2. Prime Location: Close proximity to downtown Jacksonville and a major airport, Parks enhances the property’s appeal for renters and future buyers, driving demand and potential appreciation.
   
   
3. No HOA Fees: No recurring HOA fees mean lower carrying costs, which improves cash flow or holding potential.
   
   
4. Light Rehab Needs: Minimal renovation requirements allow for a quicker turnaround, whether flipping or preparing for rental.

Investment Strategies:

• Fix and Flip: Complete the light rehab and sell quickly to capitalize on the $52k equity and market conditions.

• Buy and Hold (Long-Term Rental): Rent out the property for steady income while benefiting from property appreciation over time. 

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DISCLAIMER:

• All offers are Cash or Private Lender Only.
• Deposits for all properties are non-refundable.
• Properties are sold AS-IS with NO inspection period; Please inspect first.
• Buyer pays all closing costs for buyer and sellers.
• Rehab Estimate, Projected Rent, and ARV are ESTIMATES based upon the analysis and opinion of Citywide Investments, LLC, actual repair cost, rent, and/or ARV may vary. 
• Citywide Investments, LLC is not a licensed contractor or appraiser.
• Taxes, Insurance, and Closing Costs are estimates. Actual cost may vary.
• Seller has an equitable interest in this property and is advertising the sale of this contract as it is assignable.