302 NW 7TH TER new

Gainesville,FL 32601

$ 675000

5 Beds

5 Baths

2174 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,174 sqft

Price per Sqft $310

Subdivision Browns Add -J M Fennell

MLS Listing ID R4909491

Bedrooms 5

Year Built 1935

Annual Tax Amount $5,571

Lot Size 8,276 Sqft

Property Sub-Type Duplex

New Construction false

Property Description

WALK TO UF! Two completely remodeled duplexes for sale (4 units). All units are pre-leased through July 2026. Units are comprised of one 2BD/2BA unit and three 1BD/BA units. All units have been completely remodeled including: kitchens, bathrooms, flooring, HVACs, water heaters, metal roofs, plumbing, electric, etc. Tenants pay all utilities. Combined annual gross rents of $62,100, increasing to $64,500 this July. Units are professionally managed. Net income is pro-forma estimate. Across from the University of Florida and countless amenities. This is the perfect opportunity to own stabilized investment property near the University of Florida!

Can be bought with adjacent SFR rental home for sale (MLS #R4909490).

Location

State FL

County Alachua

Community Browns Add -J M Fennell

Area 32601 - Gainesville

Zoning RC

Interior

Heating Electric

Cooling Central Air

Laundry Inside

Exterior

Exterior Feature Other

Utilities Available Cable Connected,Electricity Connected,Sewer Connected,Water Connected

Roof Type Metal

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction false

Others

Special Listing Condition None

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