1016 NW 4TH AVE, GAINESVILLE, FL, 32601
$399,000
Residential Income
|
Bedrooms
4
|
Bathrooms
2
|
Living Area
1,508 Sqft
|
Lot Size
5,227 Sqft
|
One or more photo(s) has been virtually staged. Prime Investment Opportunity. This updated duplex offers a solid investment with a proven rental history. This concrete block property encompasses 1,500 sq.ft. of total living space with two units each having 2 bedrooms and 1 bathroom. Located less than 0.5 mile to the University of Florida campus (8 min. walk), and just minutes to midtown and downtown, the property boasts a highly desirable location. The downstairs unit features tile flooring and in 2023, underwent rewiring and received a new mini-split system, enhancing energy efficiency and comfort (currently leased through July 31, 2025). Both kitchens have been updated with new cabinets, stainless appliances and granite countertops, blending modern convenience with classic appeal. Parking available for one vehicle each unit along with off-street parking, and the property includes essential appliances such as a range/ovens, refrigerators and microwaves with onsite laundry. The downstairs unit has tile flooring and the upstairs has heart pine floors. Upstairs leased through July 31, 2026. Offered in as-is condition, this duplex presents a turnkey investment in a prime Gainesville location. Perfect set up to live in one unit and rent the other, save $ on dorm and apartment fees. Reach out today to schedule a showing.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRGC529541 | Year Built: | 1947 | |
| Appliances: | Microwave, Range, Refrigerator | Construction Materials: | Asbestos, Concrete | |
| Cooling: | Ductless, Wall/Window Unit(s) | Country: | US | |
| Flooring: | Tile, Wood | Foundation Details: | Concrete Perimeter | |
| Heating: | Space Heater, Wall Units / Window Unit | Laundry Features: | Common Area, Outside | |
| Levels: | Two | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional | Occupant Type: | Tenant | |
| Other Structures: | Outbuilding, Shed(s) | Parking Features: | Off Street, Parking Pad | |
| Possession: | Close Of Escrow | Property Sub Type: | Duplex | |
| Property Type: | Residential Income | Road Surface Type: | Paved | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | 24 Hour Notice, Call Before Showing | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Tenant Pays: | Electricity, Water | Utilities: | BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected | |
| Water Source: | Public | |||
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