Active

$450,000

Features:
  • 8 Bedrooms
  • 4 Bathrooms
  • 1800 sq ft
Overview
  • ID: MFRGC533600
  • Bedrooms: 8
  • Bathrooms: 4
  • Size: 1800 sq ft
Property Details
Remarks
INVESTOR ALERT! Updated quadriplex in NW Gainesville, less than 15 minutes from UF, Shands and the VA. The interiors for all 4 units have been updated as well as the appliances which were purchased in 2023 and 2025. AC's were replaced in 2017, two in 2019, and 2021. Three units are rented ($990, $990, and $900) and one unit is being turned, since their lease expired (4th unit was rented through the city at $1450). All units have been properly maintained which makes this a great investment opportunity for someone just starting out, or looking to add to their portfolio. This transaction is a 1031 exchange.
Financial Considerations
Price:
$450,000
HOA Fee:
308
Tax Amount:
$2973
Price per SqFt:
$250
Tax Legal Description:
PINERIDGE II PB J-37 LOT 33 OR 4115/1378 & OR 4264/0976
Exterior Features
Lot Size:
4792
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
4
Heating:
Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1978
Construction Type:
Brick
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk
Additional Features 2:
N/A
Map
  • Address
    5811 NW 23RD TER #A,B,C,D
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