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Riverside 12 Units 3 Multifamily Properties Offered at $2,225,000 in Jacksonville, FL
INVESTMENT HIGHLIGHTS
- All 12 units currently leased
EXECUTIVE SUMMARY
Rare opportunity to own this 12 unit brick apartment complex in Riverside. These are 3 separate brick buildings with own tax id (so they can be sold separately in the future), and separate survey. Each building has 4 1-bedroom apartments. All 4 units are spacious 1 bedroom, open and airy layout with in unit laundry. All units have private entry thru the front and also the back side. Plenty of private parking. Tenants pay own electricity and water. Excellent location close to Riverside 5 points and downtown Avondale, near Ascension St Vincent Hospital, Cummer museum of arts and gardens, Memorial Park, Saint Johns River and many shopping and dining options. Great property to add to your real estate portfolio. Proof of funds must be submitted with all offers. Viewing of the inside only after an accepted offer. Units are always rented because this is a high demand area. Rents per unit are Approximately $1,200 to $1,300 per month.
The addresses for the 3 Buildings are as follows:
2983 Downing , Jacksonville, FL 32205
2989 Downing , Jacksonville, FL 32205
1153 McDuff , Jacksonville, FL 32205
Please call or text 904-814-3545 with any questions
The addresses for the 3 Buildings are as follows:
2983 Downing , Jacksonville, FL 32205
2989 Downing , Jacksonville, FL 32205
1153 McDuff , Jacksonville, FL 32205
Please call or text 904-814-3545 with any questions
PROPERTY FACTS
| Price | $2,225,000 | Number of Properties | 3 |
| Price / SF | $220.14 / SF | Individually For Sale | 0 |
| Cap Rate | 9.17% | Total Building Size | 10,107 SF |
| Sale Type | Investment | Total Land Area | 0.47 AC |
| Status | Active |
| Price | $2,225,000 |
| Price / SF | $220.14 / SF |
| Cap Rate | 9.17% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 10,107 SF |
| Total Land Area | 0.47 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2989 Downing St, Jacksonville, FL 32205 | Multifamily | 3,563 SF | 1947 | - |
| 1153 McDuff Ave S, Jacksonville, FL 32205 | Multifamily | 3,272 SF | 1947 | - |
| 2983 Downing St, Jacksonville, FL 32205 | Multifamily | 3,272 SF | 1947 | - |
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