Bought with KELLER WILLIAMS REALTY PORTFOLIO COLLECTION
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Key Details
Sold Price $670,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,174 sqft
Price per Sqft $308
Subdivision Browns Add -J M Fennell
MLS Listing ID R4909491
Sold Date 08/14/25
Bedrooms 5
HOA Y/N No
Year Built 1935
Annual Tax Amount $5,571
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 96x87.2
Property Sub-Type Duplex
Source Stellar MLS
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
Interior Features Other
Heating Electric
Cooling Central Air
Fireplace false
Laundry Inside
Exterior
Exterior Feature Other
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Roof Type Metal
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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