$949,000

Gainesville, FL 32601 Multi Unit - Multiple Active

  • Please Call For Address, Gainesville, FL 32601 Main Photo

45 Photos

Description

Great investment opportunity just 2 blocks from UF with 2 different two-bedroom properties AND 17 parking spaces! The property has the best high-density multi-family U-9 zoning. It is NOT zoned historic and it IS on the Enterprise Zone, both which are advantages for future development. The back parking area can either collect income or it can be developed in the future for another building to be added on. This duplex features two separate FULLY remodeled units. Each residence features an updated kitchen with granite countertops, modern cabinetry and appliances, a renovated bathroom, and a full-size LG front-loading washer and dryer. Additional remodeled features include luxury vinyl plank flooring, custom millwork, double-pane energy-efficient windows, upgraded blinds, LED lighting and ceiling fans. The owner also updated the property with the following: plumbing and electrical system updates, blown-in insulation, fresh interior and exterior paint, a 2020 roof, 2019 HVAC and a 2020 water heater. This parcel is turn-key and has it all, whether you are a Gator parent looking for your student, or an investor looking for a long-term hold, or both. The property is leased through July 31, 2027, providing an immediate income-producing opportunity for its next owner.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.17 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $8,686
Year Built: 1947

General Information

Bedrooms: 4
Sqft: 1,530
County: Alachua
Subdivision: UNIVERSITY HEIGHTS
Listed By:
Eric Leightman UNIVERSITY REALTY 352-327-9500

Amenities

Ceiling Fans(s)
Stone Counters
Thermostat
Other

Property Features

Annual Net Income: 40000.00
Appliances: Dryer, Microwave, Range, Washer
Exterior: Concrete, Frame
Flood Zone Code: X
Flooring: Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.17
Ownership: Fee Simple
Parking: Driveway, Off Street
Parking Notes: Driveway, Off Street
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, See Remarks
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
Water: Public
Water Access Y/N: No
Windows: Double Pane Windows
Zoning: RH2
$949,000
4beds
1,530sqft
New to the Market Active
BEDS4 BATHS SQUARE FEET1,530 MLS#GC543215
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONUNIVERSITY HEIGHTS

Get in Touch

Contact an agent to learn more about

Please Call For Address, Gainesville, FL 32601.

Contact Form

Preferred Communication Method:

Estimate Your Payment

Estimated Payment

$ 4,201.44 per month $3,200.82 Principal & Interest $723.83 Property Tax $276.79 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder