$329,900
Pending · 42 days on market · MLS# MFRGC536990
| Bedrooms | 8 |
|---|---|
| Living area | 3,600 sq ft |
| Lot size | 0.11 acres |
| Year built | 1978 |
| Property type | Quadruplex |
| Private pool | Yes |
| Waterfront | Yes |
| HOA fee | $382 |
| Annual taxes | $4,517 |
| County | Alachua |
Lowest priced quad in Gainesville! Brick construction quadruplex in northwest Gainesville. Each unit is 2 bedrooms / 1 bath. Current price and current rents reflect lots of upside potential. Current tenant rents range from $725 to $775. You could keep things as they are or do updates to boost rental rates. Once nicely renovated, rents should be in the $1,000 - $1,300 range. Investors benefit from strong tenant demand in this area as it is conveniently located within walking distance of shops, restaurants, a community center and Super WalMart.
Listing courtesy of Jeff Tice, BHHS FLORIDA REALTY. Presented by MC Homes Realty Inc · 727432218.