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

🏛️ Historic Fix & Flip Opportunity | Downtown Jackson

📍 848 Fairview St, Jackson, MS 39202

💰 Asking: $95,000 | Buy Now: $98,000
📈 ARV: ~$290,000

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

🔥 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 modernization—not major structural work.

🛠️ 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

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

💰 Rental Potential

  • Market Rent: ~$1,800/month (4BR)

  • Section 8: ~$1,600/month

📊 Strong Nearby Comps

  • 800 Gillespie St – 2/1 → $306,500

  • 1021 Euclid Ave – 3/2 → $299,000

  • 1229 Poplar Blvd – 3/2 → $285,700

💡 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

📩 Serious investors only — submit your offer before this one is gone.

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