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7345 PENROSE ST Jacksonville, FL 32208
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Key Details
Sold Price $160,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 945 sqft
Price per Sqft $169
Subdivision Panama Park
MLS Listing ID O6175043
Sold Date 05/17/24
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N No
Originating Board Stellar MLS
Year Built 1948
Annual Tax Amount $1,532
Lot Size 9,147 Sqft
Acres 0.21
Property Description
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.
Location
State FL
County Duval
Community Panama Park
Zoning RLD-60
Interior
Interior Features Open Floorplan
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace false
Appliance Other
Laundry Laundry Room
Exterior
Exterior Feature Other
Utilities Available Other
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE