TomEdrington- Commercial Division Manager
BEDS0
BATHS
SQUARE FEET2,966
MLS#GC543835
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGAINESVILLE KINGS
Property Description
Three-property multifamily investment opportunity in Gainesville offering eight units across one fourplex and two duplexes. Purchase the full portfolio for $1,035,000, or purchase the properties individually: 824 SE 1st Ave is a fourplex offered at $625,000; 3116 SW 26th Way is a duplex offered at $255,000; and 1504 E University Ave is a duplex offered at $155,000.The properties span downtown, southwest Gainesville, and the East University Avenue corridor. The fourplex and SW 26th Way duplex have received recent capital improvements, while the East University Avenue duplex offers a renovation opportunity. With existing rental income and vacant units available for lease-up, buyers can choose the property that fits their investment plans or acquire all eight units together. Contact the listing agent for the brochure, rent roll, and additional property details.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Natural Gas
Lot Size: 0.32 Acres
Roof Type: Metal
Taxes: $7,432
Year Built: 1978
Amenities
Ninguno
None
Feature Descriptions
Annual Net Income: 64000.00
Directions: Driving Directions: From downtown Gainesville, take E University Ave east and turn right onto SE 9th St. Turn right onto SE 1st Ave; the fourplex at 824 SE 1st Ave is on your right. This is a three-property portfolio. The other properties are located at 1
Exterior: Block
Flood Zone Code: X
Foundation: Other
Home Warranty Y/N: No
Lot Dimensions: 0.32
Other Equipment: None
Ownership: Co-op
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice
Special Sale Provisions: None
Utilities: Other
Water: Public
Water Access Y/N: No
Zoning: RMF7
Listed By / Shown By
Listed By
Agency Name: BOSSHARDT REALTY SERVICES LLC
Agency Contact: 352-371-6100
Shown By
Agent Name: Tom Edrington- Commercial Division Manager
Agent Phone: (813) 972-3430
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 3,224.67 per month $2,303.46 Principal & Interest $619.33 Property Tax $301.88 Homeowner's Insurance
824 SE 1st Avenue | MLS# GC543835
This multi-family property located at 824 SE 1st Avenue , Gainesville, FL 32601 is currently listed for sale with an asking price of $1,035,000. Search Gainesville real estate on tedrington.floridaexecutiverealty.com today.