$595,000
Active · 3 days on market · MLS# MFRGC539450
| Bedrooms | 8 |
|---|---|
| Living area | 3,720 sq ft |
| Lot size | 0.25 acres |
| Year built | 1981 |
| Property type | Quadruplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $10,873 |
| County | Alachua |
Turnkey Gainesville Fourplex — Stabilized Asset with Strong Cash Flow Potential Positioned in one of North Central Florida’s most reliable rental markets, this upgraded fourplex presents a compelling opportunity for investors seeking immediate income and long-term appreciation. The property consists of four spacious 2BR/1.5BA units with a proven, tenant-friendly layout that supports consistent occupancy and retention. Capital improvements completed in 2024—2025, including flooring, windows, plumbing, and full bathroom upgrades, significantly reduce deferred maintenance and future CapEx exposure. With strong rental demand driven by the University of Florida and surrounding employment hubs, this asset is well-positioned for stable cash flow and continued rent growth. Ideal for investors seeking a low-maintenance, income-producing property with upside potential through rental optimization.
Listing courtesy of Terri Ardines, BHHS FLORIDA REALTY. Presented by MC Homes Realty Inc · 727432218.