Compelling Investment Opportunity in Historic Springfield
October 10, 2018 | Thomas Love
Looking for an investment property in the Springfield Historic District? Well, lots of people are. This neighborhood has gained a lot of attention lately, with its proximity to Downtown Jacksonville, beautiful historic housing stock, lovely parks, and many social events including the Annual Porch Fest, Second Sundays in the Park, etc. Interest has steadily grown in the area and prices have been on the rise.

This is an excellent time to buy in the area because the future looks bright with lots of plans for Main Street shops and business slated to open in the near future.

The house we have listed at 1417 Liberty Street represents a great opportunity for someone who wants to capitalize on this increased interest and the fact that Springfield, as a whole, has been largely undervalued. This house is tenant occupied, so there is already income and with the rent being paid, most of a buyer's principal and interest payments would be covered. Furthermore, with improvements, the rent can most certainly be increased as it is under market now at $795/mo.

The house is solid, attractive, and has a brand new roof. With a few capital improvements, it's full potential can be realized. Contact us today for more details. Offered at $157,000. 904-328-2245
Share

check_circle

You message has been sent!

Send us a Message: