Kari Sullivan
REALTOR® | Luxury Property Specialist
2892 COLLEGE Street, Jacksonville, FL 32205
New Riverside
$600,000
$212/sq ft
Active Under Contract
About This Home
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.
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
Features & Amenities
Exterior Features
- Few Trees
- Historic Area
- Detached Carport
Property Details
Property Type:
Quadruplex
Year Built:
1927
Lot Size:
0.14 Acres (6,098 sq ft)
Property Tax (2025):
$11,134/year
MLS #:
2151624
Utilities:
Electricity Connected, Separate Electric Meters, Separate Water Meters, Sewer Connected, Water Connected
