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

All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 12/2/2024 10:11 PM UTC. 

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Data last updated 10:11 PM UTC, 12/2/2024

 

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