2348 FORBES ST, Jacksonville, Florida 32204

$349,000
7
BD
4
BA
3,141
SqFt
List Price
$349,000

Property Description

PRICE SLASHED! MUST SELL!!! HISTORIC RIVERSIDE VALUE ADD OPPORTUNITY! 4 units - 7 BR 4Bths, 3134SF + 800SF of garage space. DOUBLE LOT W/EXTRA LARGE FENCED YARD! LOCATION LOCATION LOCATION! Nestled amongst the beautiful Old Victorians! Main House - 1334SF 3/1 downstairs - 1004 SF 2/1 upstairs. Rear bldg has two 1/1 units 800SF total. Perhaps add additional SF from 800SF below? Currently liveable, but needs rehab in order to tap into it's huge upside potential! 1 unit vacant, others rented under market value, in as is condition... should be easy to clear out for rehab. Projected annual rent after rehab approaches $55,000.00. Astute investors will see a myriad of viable approaches to tap into the tremendous potential of this Historic Riverside jewel! Make this one your next project!

Listing courtesy of AMERICAN REAL ESTATE SOLUTIONS LLC.

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