1017 SW 1ST AVE new

Gainesville,FL 32601

$ 2190000

12 Beds

12 Baths

6228 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,228 sqft

Price per Sqft $351

Subdivision Not Assigned

MLS Listing ID GC531484

Bedrooms 12

HOA Y/N No

Year Built 2000

Annual Tax Amount $19,621

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

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.

Location

State FL

County Alachua

Community Not Assigned

Area 32601 - Gainesville

Zoning U-9

Interior

Interior Features Vaulted Ceiling(s)

Heating Central

Cooling Central Air

Fireplace false

Laundry Laundry Closet

Exterior

Exterior Feature Lighting,Other

Utilities Available Cable Connected,Electricity Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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