Property: House
Bedrooms : 3
Bathrooms : 2
Year: 1960
Garage: 0
Carport: 0
Pool: Yes
Waterfront: No
Roof: Shingle
Exterior: CBS
Total Sqft: 1,410
Lot Sqft: 10,890
Property Type: Multifamily
Units: 4
Bedroom: 8
Bathroom: 4
Number of Stories: 2
Building Size: 3,184 SF
Year Built: 1979
Cap Rate: 10.8%
NOI $31,860
4PLEX: 2 beds 1.5 baths - each unit
Living Area: 4290 Sq Ft | Lot Size: 5998 Sq Ft
Each unit is 1235 sq ft and consists of 2bed/1.5 bath. All have hard floors on bottom with newer carpet upstairs. Units all have central HVAC, full kitchens with decent appliances, and washer/dryer hookups in kitchen. Large paved driveway with plenty of parking. Private fenced in back yard. Overlooking balcony, Very private in cul-de-sac, schools and much shopping within mins. Oak Plaza, very close to Archer Road, Next to I75. 15 mins from Santa Fe and UF. All units currently rented generating $50,400 per year gross!
3 bedrooms, 2 bathrooms
CBS, approx. 1,320sf.
Built 1956
Comps up to $177k
Less than .50 cent on dollar
Sales Comparables;
#1.
2423 Rollins Avenue
3/1, 925sf.
Sold 9/9/20 for $150k
#2.
1202 Emory Drive
3/2, 1,424sf.
Sold 12/4/20 for $177k
#3.
2302 Winona Drive
3/2, 1,406sf, built 1960
Sold 9/22/20 for $150k
Check out this 3 bedroom 2 bath House in Panama City! Centrally located close to hospitals, schools, and the wonderful Historical Downtown area. House is in very good shape, everything has been repainted, had some landscaping done, new carpets, new bathroom and kitchen fixtures, New Fridge and Stove, and a few other updates/repairs to the exterior.
Roof is in great shape about 7- years old
Property: House
Bedrooms : 3
Bathrooms : 1
Year: 1950
Garage: 1
Carport: 0
Pool: No
Waterfront: No
Roof: Shingle
Exterior: CBS
Total Sqft: 1,540
Lot Sqft: 9,238
Beds: 3
Baths: 2
SQF: 1728
Year Built: 1950
Estimated Rents: $1375/mo
Estimated Rehab: LOW
Estimated ARV: $185,000
Property: House
Bedrooms : 3
Bathrooms : 1
Year: 1956
Garage: 0
Carport: 0
Pool: No
Waterfront: No
Roof: Shingle
Exterior: CBS
Total Sqft: 1,450
Lot Sqft: 7,935
3 bed / 2 bath or potentially 4 bed / 2 bath with garage conversion.
1,080 sqft with 351 sqft garage.
Built in 1985.
Center block construction.
Lot size 0.29 acres.
Rental option:
Property would make a great rental in its current 3 bed / 2 bath configuration with 1,080sf heated and cooled space. House is in good rentable condition as is. New luxury vinyl plank in living room. House needs painting inside, floor tile and vanities in bathrooms, carpet in bedrooms. Shingle roof in 2005 is in good condition. HVAC compressor might work but is not connected to power. Likely rehab costs around $8,500 depending mostly on the HVAC compressor working or not. ARV would be around $130k-$140k. Market rents are approximately $1,100-$1,200/mo.
Rehab and Flip option:
If your preference is to flip the property for the max value, then converting the garage into 351 sq ft of heated/cooled space is a good option to consider. Garage conversions are common in this neighborhood. The interior wall between house and garage is an insulated stud wall and the exterior wall of the garage is concrete block. The interior wall can be opened up to accommodate an expanded dining area, a door for a new bedroom, and an enclosed laundry room. Also, the kitchen could be opened up and updated with new appliances and countertops. The new square footage of the house would be 1,431 sq ft and ARV would be approximately $165k-$175k.
Property is occupied. Do not disturb the occupants. We are selling our assignable purchase agreement. We are marketing the agreement, not the property.
3 bedrooms, 2 bathrooms
Approx. 1,890sf.
Central a/c.
Lot size 12,197sf.
Built 1999.
Area rent $1,400mth.
Comps up to $209k
Sales Comparables;
#1.
1608 W Gregory Street
3/2, 1,444sf, built 1945
Wood frame
Sold 11/4/20 for 209k
#2.
2012 W Gregory Street
3/2, 1,203sf, built 2019
Wood frame
Sold 7/9/20 for $207,000
#3.
2014 W Gregory Street
3/2, 1,203sf, built 2019
Wood frame
Sold 7/9/20 for $205,000
Beds:2
Baths:1
Living Area: 768 sqft
LOT SIZE 12,500 sqft
Type of Construction: CBS
DESCRIPTION:
Great Opportunity for INVESTORS, This is a great little retirement home OR first home. Great little town. Close to Jacksonville, Kingsland, and Waycross. It is 26 miles/ 30 minutes from the Jacksonville airport. Property needs work but has great bones and sits on a very huge land.
Comps
37001 Michigan St - 120K
37055 W 1st Street - 138.5K
4 bed, 2 bath, 1,736 sq. ft.
Built in 2005 on 7,492 sqft lot
Here's Your Next FLIP/Investment!
Check out this 4 bedroom 2 bath house in Pace! Short walk to the public park at Escambia Bay and to the public Boat Launch. Convenient to the waterfront as well without the waterfront coast or the hassle!
The house itself is in great shape. Roof, Kitchen, Bedrooms and Bathrooms are all original to the house, and the AC's are just a couple of months old!
House is currently occupied by a "handy-man tenant" and the place has been taken cared of beautifully! Tenant is on a 2-year lease at $1,100/month.