1257 Mcduff Avenue S, Jacksonville, FL 32205

$653,000
6
BD
6
BA
3,822
SqFt

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Sold Price
$653,000
List Price
$747,500
Status
CLOSED
Days on Market
117
Closing Date
Dec 11, 2024
MLS#
2039322
Subtype
Residential Income
Year Built
1929
Bedrooms
6
Bathrooms
6
Full Baths
6
Living Area
3,822
Lot Size
8,276
Acres
0.19
Subdivision
Ingleside Park
Neighborhood
032-Avondale

Property Description

Rare opportunity to secure 12 Units in Avondale. 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. ***PLEASE NOTE - THE PRICING ON THIS LISTING IS FOR ONE PROPERTY BUT BOTH 1257 & 1267 ARE REQUIRED TO PURCHASE. OFFER PRICE IS $1,495,000. 1267 McDuff MLS# 2039321. *** 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 was recently reworked and graveled, providing distinct, permeable parking spaces, Bonus carports under the duplexes for cars or storage. Both properties have had extensive CAPEX improvements over the years of ownership including kitchen/bath, flooring, plumbing, electrical. New fencing and Outdoor Grilling area with picnic tables installed in 2024. 1257 McDuff,1267 Mcduff re-roof in 2019.

Additional Information

Heating
Other
Air Conditioning
Wall/Window Unit(s)
Pool Type
None
Parking
Garage, Off Street, Parking Lot
Garage Spaces
2

Listing courtesy of WARREN & COMPANY.

Selling Office: .

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