1257 Mcduff Avenue S, Jacksonville, FL 32205
- $1,306,000
- 12
- BA
- 7,632
- SqFt
- Sold Price
- $1,306,000
- List Price
- $1,495,000
- Status
- CLOSED
- Days on Market
- 81
- Closing Date
- Dec 11, 2024
- MLS#
- 2045161
- Subtype
- Commercial Sale
- Year Built
- 1929
- Bathrooms
- 12
- Living Area
- 7,632
- Lot Size
- 16,988
- Acres
- 0.39
- Neighborhood
- 032-Avondale
- Building Name
- The Willowbranch Apartments
Property Description
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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Additional Information
- Parking
- Carport, Garage, On Street, Parking Lot
Listing courtesy of WARREN & COMPANY.
Selling Office: .