Active

$450,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 2624 sq ft
Overview
  • ID: MFRGC542057
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 2624 sq ft
Property Details
Remarks
This quadruplex is being offered together with an identical, adjacent quadruplex (same address, Parcel #: 00568-000-000). Both quads must be purchased together. Fully occupied and centrally located brick quadruplexes in the rapidly growing High Springs, FL market for sale. These quads feature a rare combination of location, condition, and stable occupancy. Very limited competing apartment inventory nearby. Both quads are being offered together at $900,000 ($450,000/quad). Located in High Springs, Florida - named the Friendliest Small Town by Floridian magazine and known as the Gateway to the Springs - this 8-unit portfolio offers the perfect blend of small-town charm and strong investment fundamentals. Situated just 20 miles northwest of Gainesville, High Springs has become a sought-after housing destination for all kinds of professionals, providing a deep, stable tenant pool. All 8 units are 1 bedroom/1 bathroom at 656 SF each, spread across two single-story brick buildings totaling 5,248 SF on 0.68 acres. Every unit is currently occupied with leases in place. In-place rents average $933/unit/month. Both buildings are professionally managed. Units are individually metered, tenants pay all utilities. Debt/Insurance quotes and financials available for review.
Financial Considerations
Price:
$450,000
HOA Fee:
N/A
Tax Amount:
$5407.11
Price per SqFt:
$171.49
Tax Legal Description:
G E FOSTER ADDN PB A-6 LOT 2 BK 5 OR 4693/1382
Exterior Features
Lot Size:
14810
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1981
Construction Type:
Brick
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
None
Additional Features 2:
N/A
Map
  • Address
    18580 NW 234TH ST #1-4
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 750,000
avt
Daniel Dourado
$ 1,325,000
avt
Daniel Dourado
$ 440,000
avt
Daniel Dourado
$ 440,000
avt
Daniel Dourado
$ 440,000
avt
Daniel Dourado
$ 570,000
avt
Daniel Dourado
$ 850,000
avt
Daniel Dourado
$ 998,000
avt
Daniel Dourado
$ 414,900
avt
Daniel Dourado
$ 524,900
img
  • Featured
  • Active
Quadruplex

5200 SE 31ST ST #1-4

  • 8
  • 8
  • 351 m²
avt
Daniel Dourado
$ 599,900
avt
Daniel Dourado
$ 450,000