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$239,000

Beds
4
Baths
2.0
sq ft
1,726

206 W 16th St, Jacksonville, FL 32206

206 W 16th St

Jacksonville, FL 32206

  • 72 days on market
Turnkey room rental property that is currently bringing in $3,360 a month! This remodeled 4/2 is a true cash printing ATM, with being fully occupied, fully renovated, and just a couple minutes from historic Springfield. The property also has an opportunity to assume the current mortgage and purchase subject to the mortgage. With the roof, hvac, electric, plumbing, and all cosmetics updated; this property is ready for the next owner to take over and cash flow this property like crazy. Live in the 600 square foot primary suite and rent the rets of the property out! This is a no brainer for anybody, and a must see.

Details

Property type

Single Family Residence

Est. home value

$211,319

Property condition

Updated/Remodeled

Lot size

5,227.2 sq ft

Price per sq ft

$139

Year built

1919

Annual property taxes

$1,931.85

Price History

08/06/2024
RealMLS

RealMLS #2035992

Listed
$239,000
07/27/2024
RealMLS

RealMLS #2035992

Pending
$239,000
07/09/2024
RealMLS

RealMLS #2035992

Listed
$239,000

Schools & Community

Neighborhood: 

Springfield

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

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

Seller could get up to

$83,275
Asking price
$239,000
Closing costs (~8% of asking)
-$19,120
Est. remaining loan balance
-$136,605
Cash to seller
$83,275

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

April 2021

Original loan amount

$147,184

Est. remaining balance

$136,605

Interest rate

3.02%

Loan type

FHA, 30 year

Seller

Lori Pope and Dion Wiggins

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: 09/19/2024 at 12:30 PM

Listing updated: 08/28/2024 at 9:03 AM

Listed by: COOPER CONNELLY, KELLER WILLIAMS REALTY ATLANTIC PARTNERS Phone #: (904) 247-0059

MLS: RealMLS #2035992

RealMLS logo

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