Active

$698,000

Features:
  • 7 Bedrooms
  • 4 Bathrooms
  • 2826 sq ft
Overview
  • ID: MFRGC533911
  • Bedrooms: 7
  • Bathrooms: 4
  • Size: 2826 sq ft
Property Details
Remarks
Midtown Investment Opportunity | 6/2 Duplex + 1/1 Studio – Fully Leased Through July 2026 Located in the heart of Gainesville’s Midtown district, just steps from UF and surrounded by high-demand student housing, this property offers immediate income and long-term upside. The 2,800 sq. ft. duplex features two spacious 3-bedroom/1-bath units, each with a full kitchen and in-unit washer/dryer. A detached 1-bedroom/1-bath studio (~500 sq. ft.) adds even more rental flexibility. Currently generating $4,800/month in gross rent and fully leased through July 2026, this property provides investors with stable cash flow today and strong potential for higher returns at lease renewal. With unbeatable walkability to campus, nightlife, and downtown, and consistent student demand year after year, this 3-unit property is a turnkey investment in one of Gainesville’s most sought-after rental markets.
Financial Considerations
Price:
$698,000
HOA Fee:
N/A
Tax Amount:
$11922.55
Price per SqFt:
$246.99
Tax Legal Description:
BROWN ADDN BK 11 PB A-64 HICKSON REPLAT PB B-50 LOT 26 OR 4587/0062
Exterior Features
Lot Size:
4792
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
7
Bathrooms:
4
Heating:
Electric
Cooling:
Ductless
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
Two
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1958
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    1102 NW 3RD AVE
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