$1,399,000

Multi Family In Jacksonville

  • 16 Baths
  • 7,678 Sqft
  • 6,970 Sqft lot
  • Updated: June 24
  • Source:
    realMLS (Northeast Florida Multiple Listing Service)  MLS#2151628

About the Property

The Rubel & College Portfolio is a 20-unit, two-property portfolio in Jacksonville’s coveted Riverside Historic District. Two masonry multifamily properties at Rubel & College Streets offer a mix of sixteen studios and four one-bedroom units. Ownership invested over $400,000 in interior and systems upgrades, delivering turn-key cash flow with room to grow rents to market.
Every unit f
The Rubel & College Portfolio is a 20-unit, two-property portfolio in Jacksonville’s coveted Riverside Historic District. Two masonry multifamily properties at Rubel & College Streets offer a mix of sixteen studios and four one-bedroom units. Ownership invested over $400,000 in interior and systems upgrades, delivering turn-key cash flow with room to grow rents to market.
Every unit features quartz counters, shaker cabinetry, tile finishes, in-unit washer/dryer, and separately metered utilities paid directly by tenants. Most windows have been replaced. Roofs replaced 2017 and 2020. Located approximately one mile from Ascension St. Vincent’s Riverside and minutes from Five Points, Brooklyn, and Downtown, the asset sits amid more than $5 billion in announced urban-core development.

Total current monthly revenue totals approximately $21,000 at full occupancy. See current RR.

PRICING ON THIS LISTING IS FOR ONE PROPERTY, HOWEVER BOTH 2892 COLLEGE & 931 RUBEL MUST BE PURCHASED TOGETHER.
  • Property type

    Other

  • Floors

    2

  • Year built

    1928

  • Price/sqft

    $182

Features

  • Investment Property
  • Stone Countertops
  • Washer Dryer

Explore the Area

931 RUBEL Street, Jacksonville, Florida, United States View on Google Maps
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MCADOO MULTIFAMILY ADVISORS LLC - JACKSONVILLE

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MCADOO MULTIFAMILY ADVISORS LLC - JACKSONVILLE
Florida, United States
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4
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2026
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MCADOO MULTIFAMILY ADVISORS LLC - JACKSONVILLE
JACKSONVILLE, Florida, United States
View agency profile
Last updated
June 24
First listed
Jun 24
Listing reference
2151628
Listing status
Active under contract
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