$ 1,495,000
1257 MCDUFF AVE S Jacksonville, FL 32205
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$ 1,495,000
Est. payment | /mo
12 Baths
7,632 SqFt
$ 1,495,000
Est. payment | /mo
12 Baths
7,632 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,632 sqft
Price per Sqft $195
MLS Listing ID 2045161
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1929
Annual Tax Amount $19,436
Lot Size 0.390 Acres
Acres 0.39
Property Description
Rare opportunity to secure 12 Units in Riverside/Avondale submarket. Investment opportunity consists of (2) 6-unit properties- 1257 & 1267 McDuff. Each property contains 6 units- a quadruplex with a detached duplex. All units are 1/1. 100% occupied. HUGE UPSIDE ON RENTS- Current Gross Rent is $3,500-$4000/month below market. INCREASE INCOME IMMEDIATELY WITHOUT CAPEX REQUIREMENTS. Large, off-street parking lot providing distinct parking spaces, Bonus carports and storage units. Over $200K in extensive CAPEX improvements since 2021 including kitchen/bath, flooring, plumbing, electrical. New fencing, landscaping and outdoor grilling pit. Re-roof in 2019. Riverside/Avondale is known for high tenant quality and is one of the most googled zip codes for apartment seekers in Jacksonville. ***PLEASE NOTE - THE PRICING ON THIS LISTING IS FOR BOTH PROPERTIES ***
Location
State FL
County Duval
Area 032-Avondale
Direction From Roosevelt Blvd. head South on McDuff. Property on the left.
Exterior
Waterfront No
Private Pool No
Building
Lot Description Historic Area
Others
Tax ID 0781310000
Listed by WARREN & COMPANY
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