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2892 College Street

Jacksonville, FL 32205

$600,000 $2,529/Mo

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Overview

Bed

Bath

2,828

Sqft

0.14

Acre(Lot)

Description

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. Tot al 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 Details

Property Type : Residential Income

Price : $600,000

AD Id : 85702447

MLS Id : 2151624

Beds : 4

Lot Size : 0.14 Acre

Living Area Size : 2,828

Year Built : 1927

County : Duval

Subdivision: New Riverside

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 4

Bathroom Information

Total Baths: 4 Full Baths: 4
Heating & Cooling

Heating: Central Cooling: Central Air

Building Information

Year Built: 1927 Stories: 2

Lot Information

Lot Description: Few Trees, Historic Area Lot Size Area: 0.14 Acres Lot Square Feet: 6,098 Main Square Feet: 2828

Property Information

Property Type: Residential Income Sub Type: Quadruplex SQ ft (Living Area): 2,828 Subdivision: New Riverside MLS Area Minor: 031-Riverside Source Neighborhood: New Riverside Property Age: 99

Listing Price Information

Listing Id: 2151624 ist Price: $600,000 List Price Tot SqFt: $212 Listing Terms Cash, Conventional
Listing Information

Possession: Close Of Escrow, Subject To Tenant Rights

Tax Information

Parcel Number: 0646060000 Annual Tax: $11,134 Tax Year: 2025

Parking Information

Detached Carport

Utility Information

Electricity Connected, Separate Electric Meters, Separate Water Meters, Sewer Connected, Water Connected
Location Information

Direction: From St. Johns Town Center, take Gate Parkway west to I-95 North. Follow I-95 North to Exit 351B (US-1 N/Kings Ave). Turn left onto Kings Avenue and follow it north. Turn left onto College Street. The property will be on your right at 2892 College Street.

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Nearby Home Value

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2761 St Johns Avenue, Jacksonville, FL, 32205	$1,999,000	12	12	9,968	9,968 SqFt
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1402 James Street, Jacksonville, FL, 32205	$585,000	4	4	3,200	3,200 SqFt
1067 Cherry Street, Jacksonville, FL, 32205	$460,000	5	3	2,338	2,338 SqFt
1250 Mcduff Avenue, Jacksonville, FL, 32205	$650,000	2	2	2,800	2,800 SqFt
931 Rubel Street, Jacksonville, FL, 32205	$1,399,000	--	16	7,678	7,678 SqFt
2910 Post Street, Jacksonville, FL, 32205	$335,000	4	2	1,566	1,566 SqFt
3628 Oak Street, Jacksonville, FL, 32205	$785,000	5	3	2,864	2,864 SqFt
3047 Post Street, Jacksonville, FL, 32205	$350,000	4	--	2,058	2,058 SqFt
3677 Walsh Street, Jacksonville, FL, 32205	$514,500	3	3	2,040	2,040 SqFt