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$118,000

Beds
2
Baths
1.0
sq ft
1,053

1130 W 12th St, Jacksonville, FL 32209

1130 W 12th St

Jacksonville, FL 32209

  • 92 days on market
    • Price drop $2,000↓
Prime Investment Opportunity: 2-Bed, 1-Bath Home with Reliable Section 8 Tenant Unlock steady cash flow with this 2-bedroom, 1-bathroom home, ideal for savvy investors. Located in a desirable neighborhood, this property has been occupied by a dependable Section 8 tenant since December 2022, providing a guaranteed monthly rental income of $1,175. While not turnkey, the property offers potential for value-adding renovations. Please note, photos were taken in 2019. Secure this promising investment today and enjoy immediate, reliable rental income. Lease ends Dec 31 2024.

Details

Property type

Single Family Residence

Est. home value

$132,026

Lot size

5,227.2 sq ft

Price per sq ft

$113

Year built

1947

Annual property taxes

$1,503.92

Price History

07/29/2024
RealMLS

RealMLS #2035452

Price change
$118,000
-1.67%
07/05/2024
RealMLS

RealMLS #2035452

Listed
$120,000
+300%
12/21/2018
RealMLS

RealMLS #953398

Sold
$30,000

Schools & Community

Neighborhood: 

Mid-Westside

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Financial Freedom Senior Funding Corp

Loan start date

August 2007

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

5.55%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Barbara Haynes

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/04/2024 at 9:50 PM

Listing updated: 08/14/2024 at 2:53 PM

Listed by: MOSES R NAE, MIAMI TANGO INVESTMENTS REALTY Phone #: (904) 478-0090

MLS: RealMLS #2035452

RealMLS logo

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