Investor or DIY'ers Dream: Prime reno opportunity in Jacksonville, FL! This property, perfectly poised for a flip, renovation, and resell, or update to occupy, offers a wealth of potential. Nestled on a double lot, this gem boasts ''good bones'' and is ready for a redesign and revitalization that will truly bring it to life.
Key features include; Double Lot: Ample space for creative landscaping, expansion, or even potential subdivision.
Newer Roof: A significant upgrade that reduces immediate renovation costs and adds value. Solid Structure: Good bones provide a strong foundation for your visionary redesign.
Fenced Yard: Secure your pets/belongings. Two Driveways: Convenient for multiple vehicles and potential tenants or owners.
Detached Garage: Versatile space for storage, a workshop, or additional parking. Carport Space for 4 Cars: Additional covered parking adds to the property's functionality. Zoned CCG-1: Ideal for a variety of commercial and residential applications. . . . . . adding flexibility for future use. Seize this chance to transform 8969 1st Ave into a lucrative investment or asset for years to come. With its strategic location, robust structure, and ample space, this property is a blank canvas awaiting your expert touch. Don't miss out on this prime opportunity to flip, renovate, and resell, or enjoy for yourself in the heart of Jacksonville!
Contact us today to schedule a viewing and explore the endless possibilities this property offers.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $108,000 | $108,000 | $108,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.295% | 6.644% |
Monthly Tax Payment | $173 | $173 | $173 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $728 | $728 | $933 |
Total Monthly Payment | $976 | $976 | $1,181 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.