7345 Penrose Street
7345 Penrose Street
$160,000
4
2
1
945
945
$169
Pending
Description
Under contract-accepting backup offers. 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....Under contract-accepting backup offers. 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.
- Listed by Nicole Christie • SCOTT REALTY PROFESSIONALS LLC
Property Details for 7345 Penrose Street
Subdivision Name
PANAMA PARK
Township01
Carport Spaces1
WaterfrontNo
Location
LISTING UPDATED: 04/10/2024 09:43 AM
Property Details for 7345 Penrose Street
Status | Pending |
---|---|
MLS # | O6175043 |
Days on Market | 62 |
Taxes | $1,532 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1948 |
Lot Size | 0.21 AC / 8,994 SF |
County | Duval County |
Location
Building Information for 7345 Penrose Street
Stories-Year Built1948Building Size-Lot Size0.21 AC / 8,994 SF
Payment Calculator
$1,001 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 7345 Penrose Street
Property History for 7345 Penrose Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7345 Penrose Street
Taxable ValueLand$18,038Additions$60,648Total$78,686
Tax Record2023$1,564 ($130 / month)
Home Facts
Beds2Total Finished SqFt945 SqFtAbove Grade Finished SqFt945 SqFtStories1Lot Size8,994 SqFtStyleSingle Family ResidenceYear Built1948ZoningRLD-60CountyDUVALAPN033957-0000
Schools near 7345 Penrose Street
This home is within Duval.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
North Shore Elementary School PublicPK to 5 | ||
Matthew W. Gilbert Middle School Public6 to 8 | ||
Jean Ribault High School Public9 to 12 | ||
Lake Forest Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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