Jacksonville Flip ~ In the Heart of Mandarin!

Description

ARV: $565k – $575k +/-

Repairs Level: Moderate

Market Rent: $2,800-3,000/mo

Key Property Features:

Location: Nestled in the heart of Mandarin, this property is positioned in one of Jacksonville’s most coveted neighborhoods.
Architecture: Solid Block Construction – A sturdy foundation ready for your creative touch and improvements.
Garage: 2 Car Garage – A valuable addition for parking convenience or extra storage space.
Condition: Needs Upgrades Throughout – Your canvas to add modern flair and value to this home.
AC: Central Unit – A relatively new central AC unit, installed just 7 years ago, ensures efficient climate control.
Roof: 12 Years Old – A well-maintained roof offers stability and minimizes immediate maintenance concerns.
Utilities: City Water / Septic Tank – A blend of city convenience with a septic tank in place.
Lot Size: A spacious 0.69-acre lot, providing ample space for landscaping, outdoor amenities, and potential expansion.
Heat Source: Electric – A reliable and efficient choice for heating solutions.
Flood Zone: No concerns about flooding – Enjoy peace of mind in a non-flood zone.
Escrow Holdback: A 30-day escrow holdback allows for strategic planning and execution of necessary improvements.
Comps:

*2647 Woodfern Ln – Sold $600k

*2801 Clair Ln – Sold $595k (SAME STREET)

*2608 Wrightson Dr – Sold $595k

*2832 Plummer Cove Rd – Sold $570k

*10919 Scott Mill Rd – Sold $565k