Active

1257 MCDUFF Avenue S

Jacksonville FL, 32205

$1,495,000


$195.89 per sqft

Active

12 Baths

7,632 sqft

Commercial

Built in 1929

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 ***

2045161

MLS ID

August 31, 2024

Listed

October 1, 2024

Updated

Map

1257 MCDUFF Avenue S
Jacksonville FL, 32205

Interior Features

Total Bathrooms

12


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.39 Acres


Lot Features

Historic Area

Other Property Details

Area Name

032-Avondale


Garage

No


View

No


County

Duval


Pool

No

Courtesy of WARREN & COMPANY

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Data last updated 11:19 PM UTC, 10/1/2024

 

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