Attention Investors! Great opportunity for a value-add CRO zoned property! Potential ARV of $375K-$425K! Currently zoned for an office but could also be converted back to single-family for a residential flip. Best use would most likely be for an 1 or 2 unit office building. Great location, access, and visibilty near I-95 and downtown. Newly repiped, replumbed, and rewired. Also new windows installed. New ductwork for the one-story front part of the building. Newer roof on detached shed/garage. Will need just about everything else to complete the rehab. Please do all due diligence prior to offer submission. Non-refundable EMD will be required. See private remarks and docs for additional info.
1080 BARBARA Avenue, Jacksonville, FL, 32207
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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