507 Summer Street Jacksonville FL 32254 Sold

$89,000 3 bd, 3 ba, 1375 sqft

Sold

Currently underperforming with two month to month tenants paying $500 per month. Middle unit is vacant and needs minor work to get it rentable.

3 – 1 bed, 1 bath 495 sq ft each (units will rent $625 pm, landlord pays water)

This work has been recently been completed: exterior painted, some new windows, new electric, new roof

This work needs to be completed: needs flooring, appliances, 3 window units, two 29″ X 36″ windows, finish painting one ceiling unit 507, needs kitchen cabinet in unit 509.

tax $875 per year

$5,000 costs to finish

**Buyers must use cash funds and close in 15 days or less. a $1500 binder is due with contract**

Property Details

Price:
$89,000
Address:
507 Summer Street
City:
Jacksonville
State:
FL
Zip Code:
32254
Year Built:
1972
Terms:
For Sale
Property Type:
Home
Square Feet:
1375
Bedrooms:
3
Bathrooms:
3
Const. Type:
Block

Call (904) 494-8991 for more details

Property Location

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