Penrose St

5 Bedroom Real Estate has been listed for sale at 7345 Penrose St in JACKSONVILLE for $299,900. Chat with a local expert, book a tour.

Jacksonville

Panama Park

7345 Penrose St

7345 Penrose St, For Sale in JACKSONVILLE - eXp Commercial Brokerage

This professionally managed PadSplit rental home is a rare opportunity to own a fully leased, income-producing property with 3 private bedrooms one and a half baths and shared common space. Also on the same lot a separate 2 Bedroom 2 Bath renovated unit. Thats TWO rental units for the price of one. Ideal for investors seeking reliable passive income, this property is already performing and compliant with PadSplit standards.

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.

7345 Penrose St, Jacksonville, FL

Real Estate

Key Facts

Description

Extras

Similar Listings

Like what you see?