Active
6816 SW 4TH PL
GAINESVILLE FL, 32607
$1,699,000
$138.18 per sqft
Active
12,296 sqft
Multi-family
Built in 1983
Explore your income-generating properties situated in the heart of Gainesville! These two exclusive apartment buildings feature a total of sixteen units, offering a rare opportunity for complete control without any HOA fees. The units comprise 8 two-bedroom/one-bathroom layouts and 8 one-bedroom/ one-bathroom layouts.Recent partial renovations, excluding two units, include updates to floors, paint, baseboards, toilets, and other cosmetic enhancements. Half of the AC units are less than 6 years old, with the remainder older. Strategically positioned, the property is just minutes away from shopping and dining, conveniently located off SR75 South to Orlando and North to Tallahassee, 8 minutes from North Florida Hospital and approximately 45 minutes from the University of Florida, providing unmatched convenience and access to the city's vibrant amenities.Despite its prime location, current leases are below market value, offering a promising opportunity to increase returns. Fully occupied with tenants including Section 8, VA, and open market renters, these units present an attractive option for investors seeking stable cash flow. Updated interiors ensure tenant satisfaction and minimal upkeep, allowing for seamless portfolio growth.Don't miss this outstanding chance to own sixteen income-producing properties. Take control of your financial future with this profitable investment opportunity. Schedule a viewing today and discover effortless property ownership at its finest!
O6274431
MLSⓇ ID
January 23, 2025
Listed
February 13, 2025
Updated
Interior Features
Interior Features
Ceiling Fans(s)
Appliances
Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Laundry Description
Laundry Closet
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.35 Acres
Exterior Features
Other
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
32607 - Gainesville
Taxes
$15,405
Tax Frequency
Annually
Days on Market
7
Association Fee Frequency
Monthly
Garage
No
View
No
County
Alachua
Municipality
10
Water Source
Public
Pool
No
Utilities
Public
Zoning
R-3
Listing History
Date | Event | Price |
---|---|---|
2/13/2025 | Active | — |
2/6/2025 | Pending | — |
2/2/2025 | Active | — |
1/29/2025 | Pending | — |
Listed by HPL REALTY INVESTMENTS
Listing Contact: 321-945-2367
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Data last updated 2/13/2025, 9:17 PM UTC