2123-2125 JERNIGAN RD Pending

Jacksonville,FL 32207

$ 159900

4 Beds

0 Bath

960 SqFt


Key Details

Property Type Multi-Family, Condo

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 960 sqft

Price per Sqft $166

Subdivision Kellys Add To South

MLS Listing ID 2046594

Bedrooms 4

Year Built 1958

Annual Tax Amount $1,650

Lot Size 7,405 Sqft

Property Description

Investor Alert!!! LOCATION LOCATION LOCATION!!!! Situated between San Jose and San Marco, this Concrete Block 4/2 duplex on large 50X150 lot should offer a seasoned investor a great addition to a rental portfolio, or a buy fix and sell or turnkey rental project. Corporate Seller is looking for an investor willing to invest in the rehab/updating in order to create back end equity! Property appears to need heavy rehab, athough according to building dept records, roof was repalced in 2017, and electric was updated with permits in 2021. One unit is currently rented month to month to a long term tenants who pays under market value at $700 per month. Market rents in the area for each unit appear to be $1200 - $1300/mo for similar sized rental units. Corporate Seller requesting CASH or HARD MONEY ONLY. Property being sold As-Is, with Seller to make NO REPAIRS.

Location

State FL

County Duval

Community Kellys Add To South

Area 012-San Jose

Rooms

Other Rooms Other

Exterior

Pool None

Utilities Available Other

Building

Lot Description Cleared

Structure Type Other

New Construction No

Others

Acceptable Financing Cash

Listing Terms Cash

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