1233 Denaud St. Jacksonville, FL 32205
Purchase Price: $53,000 (Assignment fee included)
Estimated Rehab: $25,000
After Repair Value: $115,000
Estimated Rent: $1000/mo.
Single Family, Stucco over Block, Ranch
5 bed, 1.5 baths
Built in 1954
1,580 sq. ft.
C/A
Fenced back yard
Taxes = $1,602/yr or $133/mo.
Condition on a scale on 1-10 is about a 5, it’s structurally sound, just needs cosmetic rehab.
Property needs:
Kitchen (gut)
Baths (gut)
Roof
Windows (12)
Paint throughout (interior/exterior)
Flooring throughout (has hard wood in 3 of the bedrooms and living/dining)
Hallway drywall repair
A/C unit & furnace
House is near Cassat and Plymouth, 7 miles from NAS Jax, 11 miles from Orange Park Mall, and 10 miles from Oak Leaf Town Center
Schools: Hyde Grove Elementary, Lake Shore M.S. and Lee H.S.
Closed Sold Comps:
4610 Woolman Ave. $114k (3/1, fixed up) 9/24/09
622 Meteor St. $117k (3/2, fixed up) 9/21/09
4828 N Sefa Cir. $115k (3/2, fixed up) 9/11/09
4642 Royal Ave. $50k (3/2, as-is) 9/29/09
1237 Plymouth Pl. $69k (3/2, some updates) 8/31/09
5058 College St. $67.9k (3/1, some updates) 5/29/09
Active Comps:
5240 Poppy Dr. $118.5k (some updates, 97 days on market)
5127 Attleboro $119.9k (25 days on market)
1339 Labelle St. $135k (some updates, 107 days on market)
5353 Alpha Ave. $112k (some updates, 168 days on market)
Thank you for your time. Any other information you may need, don't hesitate to contact me.
Jim DeMarie
E-Mail: Florida@Properties2Profits.com
TRUE Wholesale Deals for the Savvy Investor