This property has a plus! It comes with a 700 sq ft secondary structure complete with private entrance and wired with full electrical.
This 3/1 home only in the North Shore neighborhood in Jacksonville, FL needs light remodeling to be market ready. The house has recently remodeled kitchen, hardwood floors, upgraded electric, PVC plumbing, and a 30year architectural roof that was installed in 2003. There is a central HVAC but it will need some work to be functional again. The laundry & utility room is large enough to add another bed, bath, or both.
This bungalow could easily be funded by the primary home's rental income, and renovated; generating an additional source of rental income of $400 p/m.
Recent sales in $115K - $127K should put this one at an ARV of over $125,000.