Active

$595,000

Features:
  • 8 Bedrooms
  • 8 Bathrooms
  • 3720 sq ft
Overview
  • ID: MFRGC539450
  • Bedrooms: 8
  • Bathrooms: 8
  • Size: 3720 sq ft
Property Details
Remarks
Turnkey Gainesville Fourplex — Stabilized Asset with Strong Cash Flow Potential Positioned in one of North Central Florida’s most reliable rental markets, this upgraded fourplex presents a compelling opportunity for investors seeking immediate income and long-term appreciation. The property consists of four spacious 2BR/1.5BA units with a proven, tenant-friendly layout that supports consistent occupancy and retention. Capital improvements completed in 2024—2025, including flooring, windows, plumbing, and full bathroom upgrades, significantly reduce deferred maintenance and future CapEx exposure. With strong rental demand driven by the University of Florida and surrounding employment hubs, this asset is well-positioned for stable cash flow and continued rent growth. Ideal for investors seeking a low-maintenance, income-producing property with upside potential through rental optimization.
Financial Considerations
Price:
$595,000
HOA Fee:
N/A
Tax Amount:
$10873.33
Price per SqFt:
$159.95
Tax Legal Description:
TOWER OAKS UNIT 1 PB K86 LOT 9 or 5113/0985
Exterior Features
Lot Size:
10890
Lot Features:
Cul-De-Sac, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Ground Level, On Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
8
Heating:
Central
Cooling:
Central Air
Appliances:
Cooktop, Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Carpet, Ceramic Tile, Laminate
Levels:
Two
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1981
Construction Type:
Block, Concrete, HardiPlank Type
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Courtyard, Lighting
Additional Features 2:
N/A
Map
  • Address
    1718 SW 69 TER
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