931 RUBEL ST, Jacksonville, FL 32205
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931 RUBEL ST, Jacksonville, FL 32205
931 RUBEL ST, Jacksonville, FL 32205
931 RUBEL ST, Jacksonville, FL 32205
931 RUBEL ST, Jacksonville, FL 32205
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931 RUBEL ST Jacksonville, FL 32205

16 Baths

7,678 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,678 sqft

Price per Sqft $182

Subdivision New Riverside

MLS Listing ID 2151628

Full Baths 16

Year Built 1928

Annual Tax Amount $26,872

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Multi Family

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 931 Rubel Street.

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features On Street

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

Garage No

Private Pool No

Building

Lot Description Corner Lot, Few Trees, Historic Area

Story 2

Level or Stories 2

New Construction No

Others

Tax ID 0646050000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by MCADOO MULTIFAMILY ADVISORS LLC • STEVEN MICHAEL MCADOO

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931 RUBEL ST