7345 Penrose Street

Jacksonville, FL 32208

$160,000
Price
4
Beds
2
Baths
1
1/2 Bath
945 Sq. Ft.
$169 / Sq. Ft.
945
Sq. Ft.
$169
per Sq. Ft.

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.
  1. Listed by Nicole Christie • SCOTT REALTY PROFESSIONALS LLC

Property Details for 7345 Penrose Street

Subdivision Name
PANAMA PARK
Township
01
Carport Spaces
1
Waterfront
No

Location

Listing Courtesy of SCOTT REALTY PROFESSIONALS LLC
Add your commute
LISTING UPDATED: 04/10/2024 09:43 AM

Property Details for 7345 Penrose Street

StatusPending
MLS #O6175043
Days on Market62
Taxes$1,532 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1948
Lot Size0.21 AC / 8,994 SF
CountyDuval County

Location

Listing Courtesy of SCOTT REALTY PROFESSIONALS LLC
Add your commute

Building Information for 7345 Penrose Street

Stories-Year Built1948Building Size-Lot Size0.21 AC / 8,994 SF

Payment Calculator

$1,001 per month

30 year fixed, 7.25% Interest

Principal and Interest

$873

Property Taxes

$128

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7345 Penrose Street

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1951.0
  • Building Area Units: Square Feet
  • Direction Faces: North
  • Directions: From Main street turn right onto E 63rd and then make a left onto Penrose Stree.
  • Mls Major Change Type: Pending
  • Major Change Type: Pending
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 7345
  • Street Name: PENROSE
  • Street Suffix: STREET
  • State: FL
  • City: JACKSONVILLE
Parking
  • Available For Lease: Yes
  • Carport: Yes
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 1690
  • Tax Book Number: 18934
  • Tax Legal Description: 3-76 39-1S-26E R/P LOTS 41 TO 46 PANANA PARK LOTS 7,8 BLK 9
  • Tax Lot: 41
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 033957-0000
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: RLD-60
  • Living Area: 945
Property and Assessments
  • Year Built Numeric: 1948
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 26
  • Public Survey Section: 39
Utilities
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Exterior Features: Other
  • Foundation Details: Crawlspace
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 4
  • Bathrooms Full: 2
  • Appliances: Other
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Laminate
  • Heating: Central
  • Interior Features: Open Floorplan
  • Laundry Features: Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 7.0
  • Water View: No
  • Bathrooms Half: 1
Room 1
  • Room Level 1: First
  • Room Type 1: Primary Bedroom
Room 2
  • Room Level 2: First
  • Room Type 2: Bedroom 2
Room 3
  • Room Level 3: First
  • Room Type 3: Dining Room
Room 4
  • Room Level 4: First
  • Room Type 4: Bathroom 1
Room 5
  • Room Level 5: First
  • Room Type 5: Bathroom 2
Room 6
  • Room Level 6: First
  • Room Type 6: Kitchen
Room 7
  • Room Level 7: First
  • Room Type 7: Living Room

Property History for 7345 Penrose Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SCOTT REALTY PROFESSIONALS LLC

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.