2892 COLLEGE ST, Jacksonville, FL 32205
See all 40 photos
2892 COLLEGE ST, Jacksonville, FL 32205
2892 COLLEGE ST, Jacksonville, FL 32205
2892 COLLEGE ST, Jacksonville, FL 32205
2892 COLLEGE ST, Jacksonville, FL 32205
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 600,000
Est. payment /mo
Save
New

2892 COLLEGE ST Jacksonville, FL 32205

4 Beds

4 Baths

2,828 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Condo

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,828 sqft

Price per Sqft $212

Subdivision New Riverside

MLS Listing ID 2151624

Bedrooms 4

Full Baths 4

Year Built 1927

Annual Tax Amount $11,134

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Quadruplex

Source realMLS (Northeast Florida Multiple Listing Service)

Property 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.

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.

Location

State FL

County Duval

Community New Riverside

Area 031-Riverside

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.

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Detached Carport

Carport Spaces 4

Utilities Available Electricity Connected, Separate Electric Meters, Separate Water Meters, Sewer Connected, Water Connected

Garage No

Private Pool No

Building

Lot Description Few Trees, Historic Area

Story 2

Level or Stories 2

New Construction No

Others

Tax ID 0646060000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by MCADOO MULTIFAMILY ADVISORS LLC • STEVEN MICHAEL MCADOO
Mark Jacob

Mark Jacob

Agent | License ID: 3635479

+1(904) 591-7466

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

2892 COLLEGE ST