1257 Mcduff Ave, Jacksonville, FL 32205
12 Unit Apartment Building | $1,495,000 ($124,583/Unit) | Jacksonville, FL 32205
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,495,000
- Property Type
-
Multifamily
- Square Feet
- 7,632 SF
Listing Contacts
Simon Garwood
Verified Profile
- Property Info
Property Overview
Opportunity to secure rare sized 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.
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.
Property Details
- Year Built/Renovated
- 1929/2021
- Stories
- 2
- Units
- 12
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