Active

$2,190,000

Features:
  • 12 Bedrooms
  • 12 Bathrooms
  • 6228 sq ft
Overview
  • ID: MFRGC531484
  • Bedrooms: 12
  • Bathrooms: 12
  • Size: 6228 sq ft
Property Details
Remarks
Exclusive opportunity to own a 6-unit building just 2.5 blocks to UF fully rented through July 2026 with pro-forma rents at over $189,000/year. Located in the Opportunity Zone and Enterprise Zone with high density U-9 zoning, this is a perfect property to hold as a long-term investment with value-add opportunities. Just 2 doors down from the new Swamp Restaurant and 1.5 blocks from Innovation HUB, this property is right in the heart of UF student living. The layout includes vaulted ceilings in the bedrooms, private upstairs master suites, tiled showers, an elevated breakfast bar, a half-bath, and storage closet downstairs. All units are equipped with washer/dryer, double-paned windows, wood flooring or wood-look tile, and new stainless steel appliances (2020). New roof and exterior paint (2020) also. Financials are pro-forma. Additional highlights:12 on-site parking spaces + dedicated scooter parking, .28-acre lot with low maintenance Hardie board exterior.
Financial Considerations
Price:
$2,190,000
HOA Fee:
N/A
Tax Amount:
$19621
Price per SqFt:
$351.64
Tax Legal Description:
LOTS THREE (3) AND FOUR (4), BLOCK FIVE (5), "UNIVERSITY PLACE," AS PER PLAT THEROF RECORDED IN PLAT BOOK "A" PAGE 77, OF THE PUBLIC RECORDS OF ALACHUA COUNTY, FLORIDA
Exterior Features
Lot Size:
12196
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
12
Bathrooms:
12
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
2000
Construction Type:
HardiPlank Type
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting, Other
Additional Features 2:
N/A
Map
  • Address
    1017 SW 1ST AVE
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