3 Unit Multi-Family –HUGE OPPORTUNITY!!– Hillcrest 32205
Wholesale Price of $169,900
Retail value $200,247
100% rented – current rents are $2,100/month (owner pays utilities ~$250/mo). With paint/flooring and cleaned up will go for $2,400/month rents
5022 Kingsbury Street Jacksonville, FL 32205
Contact us today at (904) 299-8961
Multi-family – 3 unit in the Hillcrest neighborhood of Lakeshore, 2016 Roof, Close to nearby restaurants and shopping in Riverside and convenient location to Downtown!
Even more potential for value add with a light rehab rents will bring in $2,400/month!!
PROPERTY INFO:
-3 Unit Multifamily (Each unit is 2 bed 1 bath)
-6 bed 3 bath, 1,876 sqft.
-New roof in 2016
-Established neighborhood of Hillcrest
-Lots of New Home construction nearby, increasing all property values
-Lot size 6,500 sqft.
-Sale of the 3 units does not include detached garage adjacent to property
Wholesale Price of $169,900
$2,500 Non-Refundable earnest money required to secure property.
CALL TO RESERVE THIS PROPERTY (904) 299-8961
Comparables:
– 1159 Mohawk St Jacksonville, FL 32205 8 beds 4 baths 3,640 sqft
SOLD: $300,000 Sold on 12/17/18 (4 Unit Multifamily)
– 4347 Hudnall Rd Jacksonville, FL 32207 4 beds 3 baths 1,917 sqft
Active listing for $270,000 with rents totaling $2,234/month. (3 Unit Multifamily)
Email: FixJaxUp@gmail.com
Web: www.FixJaxUp.com
Realtors: Please note that the wholesale price does not include your commission. You may want to negotiate a commission or increase the wholesale price to include your commission.
Disclaimer: Determining value is the buyer’s responsibility. Buyer must do their own due diligence, evaluation and inspection prior to making an offer. Any reference to the value of a property by the Seller or any representative of the Seller is an opinion of value. Everyone has a differing opinion on value, cost of construction, materials, quality of workmanship and market speculation. Value is ultimately the buyer’s responsibility and they should be diligent in determining market value. Some of our properties are occupied. Please call to setup viewing appointment, please do not disturb occupants. All properties are sold in as-is condition. The above and all homes listed herein are owned or under contract. We acquire properties and sell some of them wholesale to other investors. Prices are based on a swift projected closing date at 7 days or less using cash or hard money only.