Description

Rare opportunity to secure 12 Units in Avondale. Investment opportunity consists of (2) 6-unit properties- 1257 & 1267 McDuff. Each property contains 6 units- a quadruplex with a detached duplex. All units are 1/1. ***PLEASE NOTE – THE PRICING ON THIS LISTING IS FOR ONE PROPERTY BUT BOTH 1257 & 1267 ARE REQUIRED TO PURCHASE. OFFER PRICE IS $1,495,000. 1267 McDuff MLS# 2039321. *** 100% occupied. HUGE UPSIDE ON RENTS- Current Gross Rent is $3,500-$4000/month below market. INCREASE INCOME IMMEDIATELY WITHOUT CAPEX REQUIREMENTS. Large, off-street parking lot was recently reworked and graveled, providing distinct, permeable parking spaces, Bonus carports under the duplexes for cars or storage. Both properties have had extensive CAPEX improvements over the years of ownership including kitchen/bath, flooring, plumbing, electrical. New fencing and Outdoor Grilling area with picnic tables installed in 2024. 1257 McDuff,1267 Mcduff re-roof in 2019.