$70,000 Historic Home, Detached Studio Apartment & Tremendous Value-Add Potential

Unlock the potential of this unique investment opportunity located in Jacksonville’s established Riverhills Park neighborhood. Situated at 9604 Woodland Avenue, this 1939-built property offers a rare combination of character, location, and redevelopment possibilities. Nestled on a spacious lot surrounded by mature trees and quiet residential streets, this property is ideal for investors, rehabbers, builders, or buyers seeking their next renovation project.

Rich with historic charm and waiting for a complete transformation, this property presents the chance to restore and reimagine a classic Jacksonville home while potentially creating significant value. Properties offering both a primary residence and a detached secondary living space are increasingly difficult to find, making this an opportunity worth serious consideration for those with vision and experience.

The main residence features approximately 1,020 square feet of living space with three bedrooms and one bathroom. Built in 1939, the home reflects the craftsmanship and character associated with homes from this era. The existing layout provides a solid starting point for a complete renovation, allowing a future owner to redesign and modernize the property according to today’s lifestyle preferences while preserving elements of its original charm.

Natural light filters through the home, and the floor plan offers flexibility for those looking to maximize functionality and market appeal. Whether your plans include creating a personal residence, a rental property, a fix-and-flip project, or a long-term investment, the existing structure offers a foundation upon which substantial improvements can be made.

One of the property’s most attractive features is the detached studio apartment. Configured as a one-bedroom, one-bath living space, the detached structure provides additional possibilities for future use. Potential applications may include guest accommodations, rental income opportunities, extended family living arrangements, a home office, studio space, or a private retreat. Buyers are encouraged to independently verify all intended uses, zoning regulations, permits, and occupancy requirements.

The property also includes a detached two-car garage and a double carport, providing valuable covered parking and storage options. While the detached apartment and garage currently have roof damage and will require repairs, these structures represent a significant value-add component for investors seeking to maximize the property’s future potential. The additional improvements create opportunities that extend well beyond the main residence alone.

The generous lot provides room for landscaping enhancements, outdoor living spaces, recreation areas, or future improvements, subject to applicable regulations and approvals. Mature trees throughout the property create a sense of privacy and contribute to the established character that makes Riverhills Park such a desirable area for redevelopment and long-term ownership.

Location is another key advantage of this property. Riverhills Park offers a peaceful residential setting while maintaining convenient access to Jacksonville’s major transportation corridors. Downtown Jacksonville is easily accessible, allowing residents to enjoy employment centers, entertainment venues, cultural attractions, restaurants, and sporting events. Shopping, dining, schools, healthcare facilities, and everyday conveniences are all located within a short drive.

Outdoor enthusiasts will appreciate the neighborhood’s proximity to the Trout River and nearby recreational opportunities. The surrounding area offers parks, green spaces, boating access, fishing opportunities, and natural surroundings that enhance the appeal of this location. The combination of convenience and outdoor accessibility makes Riverhills Park an attractive destination for homeowners and investors alike.

This property is not a cosmetic fixer. It requires a full rehabilitation and should be viewed as a project for experienced investors, contractors, or buyers prepared to undertake substantial improvements. However, for those willing to invest the time, resources, and expertise required, the potential rewards may be significant. The combination of a historic main home, detached studio apartment, garage, carport, spacious lot, and desirable location creates a compelling opportunity to add value through renovation.

Whether your strategy involves renovating and reselling, creating a rental portfolio asset, restoring a historic property, or developing a unique multi-use living arrangement, this property offers the raw ingredients necessary to bring your vision to life. Opportunities with this combination of structures, lot size, and location are increasingly rare in today’s market.

Property is being sold strictly AS IS. Seller will make no repairs, provide no warranties, and offer no credits or concessions related to the property’s condition. The property is currently vacant and requires a complete rehabilitation. Due to the property’s condition, cash or hard money financing is required.

A Hold Harmless Agreement located in the document section must be fully executed and submitted prior to scheduling or conducting any property viewing. No exceptions will be made.

No sight-unseen offers will be considered. Any offer submitted by a buyer who has not physically viewed the property will be rejected.

The information provided in this listing is believed to be accurate to the best of the seller’s and listing agent’s knowledge but should not be exclusively relied upon by buyers. Buyers and buyer’s agents are responsible for independently verifying all information pertaining to the property, including but not limited to square footage, lot dimensions, zoning, permits, condition, structural integrity, occupancy status, utility connections, and intended uses.

Seller has never occupied the property. Neither the seller nor the listing agent makes any representation or warranty regarding the accuracy of any information contained herein. Buyer and buyer’s agent must conduct their own due diligence, inspections, investigations, research, and verifications and shall rely solely upon the results thereof.

Investment opportunities with this level of upside, flexibility, and location potential do not become available often. Bring your contractor, your vision, and your plans for transformation, and discover what this Riverhills Park property can become.

 

 

 

From Zillow

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