$500,000
$510,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,720 SqFt
SOLD DATE : 08/13/2023
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,720 sqft
Price per Sqft $134
Subdivision Tower Oaks
MLS Listing ID GC513783
Sold Date 08/13/23
Bedrooms 8
HOA Y/N No
Originating Board Stellar MLS
Year Built 1981
Annual Tax Amount $4,974
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Under contract-accepting backup offers. Introducing a charming fourplex property located in the vibrant city of Gainesville. Property has been fully renovated with new floors, kitchen and bathrooms . This multi-family dwelling offers an excellent investment opportunity and is perfect for individuals looking to expand their real estate portfolio. Rents are below market rates by $50-$325 per units .This fourplex is conveniently located close to major amenities, including shopping centers, restaurants, parks, and entertainment options. Its prime location provides easy access to transportation routes, making commuting a breeze. Each unit within the fourplex features 2 bedrooms and 1 bathrooms, providing comfortable and spacious living arrangements for tenants. Introducing a charming fourplex property located in the vibrant city of Gainesville. One unit has been fully renovated in 2020 and the other unit was partially renovated in 2021. This multi-family dwelling offers an excellent investment opportunity and is perfect for individuals looking to expand their real estate portfolio. Rents are below market rates by $300-$425 per units .This fourplex is conveniently located close to major amenities, including shopping centers, restaurants, parks, and entertainment options. Its prime location provides easy access to transportation routes, making commuting a breeze. Each unit within the fourplex features 2 bedrooms and 1 bathrooms, providing comfortable and spacious living arrangements for tenants. Please see attached rental income and expenses .
Location
State FL
County Alachua
Community Tower Oaks
Zoning PD
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Other
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Balcony, Courtyard, Lighting
Utilities Available Electricity Available, Water - Multiple Meters
Waterfront false
View Garden
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Other
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block, Brick
New Construction false
Schools
Elementary Schools Lawton M. Chiles Elementary School-Al
Middle Schools Fort Clarke Middle School-Al
High Schools F. W. Buchholz High School-Al
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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