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$1,306,000
12 Baths ⋅ 2045161 MLS ⋅ The Willowbranch Apartments BLDG.
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 ***

1257 Mcduff Avenue S, Jacksonville

Listing courtesy of WARREN & COMPANY.

Selling Office: .

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