Looking for potential in an up and coming area? You've found it. This 3 bed, 2 bath property is zoned CRO (Commercial/Residential/Office), giving you the flexibility to live, lease, or launch your next business venture. Located near the high-visibility corner of Myrtle Ave and King St, this property offers exposure most billboards would envy.
Rented as a business for $1,750/month, and similar homes in the area pull in $1,000-$1,200/month as rentals—so it has earning potential.
For the right buyer, this is a diamond in the rough. Roll up your sleeves and turn this property into a piece of income-generating gold!
Type:
Single-family residential
Laundry Remarks:
Electric Dryer Hookup, Washer Hookup
Cooling:
Wall/Window Unit(s)
Current Use
Commercial, Mixed Use, Residential
Utilities
Electricity Available, Sewer Available, Water Connected
Lot Description:
Corner Lot
1403 MYRTLE Avenue N, Jacksonville, FL, 32209
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
