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.
29 days
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579
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44
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Zillow last checked:
Listing updated:
Listed by:
STEVEN MICHAEL MCADOO904-574-7400,
MCADOO MULTIFAMILY ADVISORS LLC904-574-7400
Source: realMLS,MLS#: 2151628
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 16
Full bathrooms: 16
Heating
Central
Cooling
Central Air
Interior area
Total interior livable area: 7,678 sqft
Property
Parking
Parking features: On Street
Has uncovered spaces: Yes
Lot
Size: 6,969 Square Feet
Features: Corner Lot, Few Trees, Historic Area
Details
Parcel number: 0646050000
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Condition
New construction: No
Year built: 1928
Utilities & green energy
Utilities for property: Electricity Connected, Separate Electric Meters, Separate Water Meters, Sewer Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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