Perfect Investment Opportunity: 3-Bedroom Home with Huge Yard and Strong Rental History in Jacksonville!
Perfect Investment Opportunity: 3-Bedroom Home with Huge Yard and Strong Rental History in Jacksonville!
Looking for a rental-ready investment or a charming home to make your own? This 3-bedroom, 1-bathroom gem at 1042 St Clair St, Jacksonville, FL 32254 offers unbeatable potential! With 1,257 sqft of living space and a spacious 7,405 sqft lot, this home is designed to appeal to a wide range of buyers, from investors to first-time homeowners.
Featuring a smart split floor plan, this property offers flexibility and comfort. The home is move-in ready with hardwood floors throughout and a newer, energy-efficient AC unit (just 4 years old), ensuring you’re comfortable no matter the season. The roof, while older, is still in good condition with no leaks, giving you peace of mind while you enjoy this home’s charm.
Location : 1042 St Clair St, Jacksonville, FL 32254
Investment Potential:
This property has already proven its worth as a rental, bringing in $1,250 per month in rental income, with an after-repair value (ARV) estimated at $170,000. Whether you’re looking to continue using it as a rental or fix it up further for a higher return, this home offers great opportunities for solid returns on investment.
The expansive backyard is perfect for outdoor activities, gardening, or future additions. And with owner financing available with only $40K down, at an attractive 8.5% interest rate and a 5-year balloon (amortized over 10 years), this is a rare chance to get into a great property with flexible financing options!
Whether you’re seeking a lucrative investment or a cozy home in a convenient Jacksonville location, this property won’t last long. Act fast and make 1042 St Clair St your next success story!
From Realtor
