989 Melson Ave, Jacksonville, FL 32254
This is an awesome opportunity to add two side by side, newer built, easy 1% rental rule properties with equity to your portfolio. Both houses are 3 beds, 2 baths, 1,268 sqft with the same floorplan, fully fenced in backyards, and built in 2006. Lot: 5,662 sqft
Market rents for these houses are $1,300-1,350 per month and both houses should need less then $10k in repairs to hit market rents. Both properties are currently rented with the tenant at 989 being on a month to month lease for $850 and the tenant at 981 being on an annual lease through 4/22 for $950.
Roofs are still in good condition and HVACs were replaced 3 years ago. 989 needs a kitchen and bathroom update, siding needs pressure washed, and one window needs to be replaced. 981 needs kitchen and bathroom updates, carpet replaced, several door trims and interior doors replaced from where dog chewed it, and the back door replaced.
Available on 08.03.2021
Don’t let this excellent opportunity pass you by! Get it yours now!
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The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the property at the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement