OfferMarket

848 Fairview St, Jackson, MS 39202, USA

$95,000

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APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL

šŸ›ļø Historic Fix & Flip Opportunity | Downtown Jackson

šŸ“ 848 Fairview St, Jackson, MS 39202

šŸ’° Asking: $95,000 | Buy Now: $98,000
šŸ“ˆ ARV: ~$290,000

4 Beds | 2 Baths | ~2,400 Sq Ft | Built 1927
šŸ” Single-Family | Vacant | Crawlspace Foundation

šŸ”„ Investor Snapshot

Rare opportunity to acquire a large historic home at ~35% of ARV in a prime Downtown Jackson location. The property has a solid structure and newer roof, making this a value-driven flip where the focus is modernizationā€”not major structural work.

šŸ› ļø Condition & Rehab Overview

Interior (Cosmetic + Systems):

  • Flooring replacement throughout

  • Full interior paint

  • Full kitchen renovation (cabinets, counters, appliances)

  • Full bathroom renovations

Exterior & Major Systems:

  • Roof: ~5 years old (good condition)

  • Water Heater: ~5 years old (electric)

  • HVAC: Split system present; no AC / no furnace

  • Electrical & plumbing updates recommended

šŸ‘‰ Overall scope is moderate rehab with big-ticket items (roof, structure) already handled.

šŸ’° Rental Potential

  • Market Rent: ~$1,800/month (4BR)

  • Section 8: ~$1,600/month

šŸ“Š Strong Nearby Comps

  • 800 Gillespie St ā€“ 2/1 ā†’ $306,500

  • 1021 Euclid Ave ā€“ 3/2 ā†’ $299,000

  • 1229 Poplar Blvd ā€“ 3/2 ā†’ $285,700

šŸ’” Why This Deal Works

  • Large 2,400 sq ft footprint

  • Bought at deep discount to ARV

  • Historic appeal + downtown location

  • Flip or high-rent hold strategy

  • Strong margin even after rehab

šŸ“© Serious investors only ā€” submit your offer before this one is gone.

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