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$1,035,000

824 SE 1st Avenue Gainesville, FL 32601 • Multi Unit - Multiple • Active

  • 824 SE 1st Avenue, Gainesville, FL 32601 Main Photo

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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 Highlights

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

General Information

Sqft: 2,966
County: Alachua
Subdivision: GAINESVILLE KINGS
Listed By:
Daryus Boyd BOSSHARDT REALTY SERVICES LLC 352-371-6100

Amenities

Ninguno
None

Property Features

Annual Net Income: 64000.00
Days on Site: 29
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
$1,035,000
2,966sqft
Active
BEDS0 BATHS SQUARE FEET2,966 MLS#GC543835
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGAINESVILLE KINGS

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824 SE 1st Avenue, Gainesville, FL 32601.

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Estimated Payment

$ 4,412.09 per month $3,490.88 Principal & Interest $619.33 Property Tax $301.88 Homeowner's Insurance

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