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listing
1 of 27
CommercialFor Sale
$1,495,000
1257 S Mcduff Avenue
Jacksonville, FL 32205
Listed by: Warren & Company, 904-399-4433
MLS: RealMLS
12Baths
7,632Sq Ft
Est. Mortgage
$7,817/mo

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 ***

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Information courtesy of WARREN COMPANY is subject to verification and is not guaranteed. This data is up-to-date as of 11/26/2024 05:18 PM. For the most current information, contact WARREN COMPANY at 904-673-0326. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than WARREN COMPANY are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2024 Northeast Multiple Listing Service, Inc. All rights reserved.
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