$653,000
$747,500
12.6%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
6 Baths
3,822 SqFt
SOLD DATE : 12/11/2024
Key Details
Sold Price $653,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,822 sqft
Price per Sqft $170
Subdivision Ingleside Park
MLS Listing ID 2039322
Sold Date 12/11/24
Bedrooms 6
Full Baths 6
HOA Y/N No
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1929
Annual Tax Amount $9,715
Lot Size 8,276 Sqft
Acres 0.19
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.
Location
State FL
County Duval
Community Ingleside Park
Area 032-Avondale
Direction From Roosevelt Blvd. head South on McDuff. Property on the left.
Rooms
Other Rooms Other
Interior
Cooling Wall/Window Unit(s)
Exterior
Parking Features Garage, Off Street, Parking Lot
Garage Spaces 2.0
Carport Spaces 2
Pool None
Utilities Available Cable Available, Sewer Connected, Water Connected
Total Parking Spaces 2
Garage Yes
Private Pool No
Building
Lot Description Historic Area
New Construction No
Others
Tax ID 0781310000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with WARREN & COMPANY
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”
frank.whibley@roundtablerealty.com
1637 Race Track Rd suite 100, Johns, Florida, 32259