Seller Financing
Address
7345 Penrose STREET, JACKSONVILLE, FL
Price
$ 160,000
Property Attributes
  • MLS#O6175043
  • TypePending
  • CountyDUVAL
  • CityJACKSONVILLE
  • AreaJacksonville
  • NeighborhoodPanama Park
  • Zip32208
  • StyleSingle Family Residence
  • Year Built1948
  • Taxes$ 1532
  • Price$ 160,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage945
  • Lot Size9,148 SqFt
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. Discover the incredible potential of this property located in the quiet Trout River community of Panama Park on the northside of Jacksonville. It boasts not one, but two buildings on a spacious lot. Whether you are looking for a multi-family, multi-purpose, or investment opportunity, this property can cater to a variety of needs. Immediately you are greeted with a charming curb appeal, complete with a fenced yard, a 2-car driveway, and a covered side porch. The main home has been tastefully renovated and transformed into a rent-by-the-room investment property with 4 bedrooms and 1.5 bathrooms. It features a kitchen, a cozy dining area, and an outdoor access laundry room. This home has been well-maintained with recent updates, including a new water heater in 2019 and a new roof in 2020. You could keep the current rental business model in place and earn immediate income. If you are seeking a primary residence, it could easily be converted back to a 2 bedroom, 1.5-bath home with a spacious living room, office, and a beautiful screened-in sunroom. The second building on the lot presents an exciting opportunity for customization. While it currently houses a kitchenette and 1 full bath, it does require a full rehab to uncover its potential. Imagine the possibilities. It could be transformed into a mother-in-law suite, a private apartment, a recreational/hobby space, a home office, storage or another source of rental income. This property is located just a short 14-minute drive from the bustling River City Marketplace, a mere 15 minutes from the airport, and a quick 12-minute commute to downtown. This is your chance to maximize your investment potential. Property is being sold as is. All furniture and appliances are included. Owner financing is available. Contact me today for a showing.

Price History
1/31/2024 Listed $180,000
2/6/2024 3% - $175,000
2/13/2024 3% - $170,000
3/6/2024 3% - $165,000
3/28/2024 4% - $160,000

General Features

Interior Features Open Floorplan
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Other
Roof Shingle
Appliances Other
Exterior Features Other
Zoning RLD-60
Construction Materials Wood Frame
Year Built 1948
Levels One
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
County Duval
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name PANAMA PARK
Facing Direction North
Garage Y/N No
Total Rooms 7
Status Pending
Directions From Main street turn right onto E 63rd and then make a left onto Penrose Stree.
City JACKSONVILLE
Buyer Agent Compensation 2.2%
Senior Community Y/N No
MLS Area 32208 - Jacksonville
Lot Size Square Feet 8994
Private Pool No
Waterfront Y/N No
Carport Spaces 1
Carport Y/N Yes
Street Name Penrose
Tax Annual Amount 1532.29
Public Remarks Under contract-accepting backup offers. Discover the incredible potential of this property located in the quiet Trout River community of Panama Park on the northside of Jacksonville. It boasts not on
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6175043
Days on Market 62
Standard Status Pending
Tax Lot 41
Legal Description 3-76 39-1S-26E R/P LOTS 41 TO 46 PANANA PARK LOTS 7,8 BLK 9
Minimum Lease No Minimum

Interior Features

Flooring Laminate
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 2
Half Baths 1
Street Suffix STREET
Laundry Features Laundry Room
Total Bedrooms 4
LivingAreaSource Public Records
Total Baths 3
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 8994
Foundation Details Crawlspace
Building Area Total 1951
Lot Size Acres 0.21
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 32208

Price
AVG $160K
$160K
Taxes
AVG $1,532
$1,532
Visits
AVG 546
545
Data Provided by Inside Real Estate®
Year Built
AVG 1958
1948

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