Under contract
Active Under Contract
1257 MCDUFF Avenue S
Jacksonville FL, 32205
$1,495,000
$195.89 per sqft
Under contract
Active Under Contract
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
December 2, 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
Taxes
$19,436
Tax Frequency
Annually
Days on Market
130
Garage
No
View
No
County
Duval
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
12/2/2024 | Under contract | — |
Courtesy of WARREN & COMPANY
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Data last updated 10:11 PM UTC, 12/2/2024