UNIVERSITY HEIGHTS, GAINESVILLE, FL, 32601
$949,000
Residential Income
|
Bedrooms
4
|
Bathrooms
2
|
Living Area
1,530 Sqft
|
Lot Size
7,405 Sqft
|
Great investment opportunity just 2 blocks from UF with 2 different two-bedroom properties AND 17 parking spaces! The property has the best high-density multi-family U-9 zoning. It is NOT zoned historic and it IS on the Enterprise Zone, both which are advantages for future development. The back parking area can either collect income or it can be developed in the future for another building to be added on. This duplex features two separate FULLY remodeled units. Each residence features an updated kitchen with granite countertops, modern cabinetry and appliances, a renovated bathroom, and a full-size LG front-loading washer and dryer. Additional remodeled features include luxury vinyl plank flooring, custom millwork, double-pane energy-efficient windows, upgraded blinds, LED lighting and ceiling fans. The owner also updated the property with the following: plumbing and electrical system updates, blown-in insulation, fresh interior and exterior paint, a 2020 roof, 2019 HVAC and a 2020 water heater. This parcel is turn-key and has it all, whether you are a Gator parent looking for your student, or an investor looking for a long-term hold, or both. The property is leased through July 31, 2027, providing an immediate income-producing opportunity for its next owner.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRGC543215 | Year Built: | 1947 | |
| Appliances: | Dryer, Microwave, Range, Washer | Construction Materials: | Concrete, Frame | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Alachua | Exterior Features: | Other | |
| Flooring: | Luxury Vinyl | Foundation Details: | Slab | |
| Heating: | Central, Electric | Laundry Features: | Laundry Closet | |
| Lease Term: | Twelve Months | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Parking Features: | Driveway, Off Street | Pets Allowed: | Yes | |
| Property Condition: | Completed | Property Sub Type: | Duplex | |
| Property Type: | Residential Income | Road Surface Type: | Paved | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | 24 Hour Notice, See Remarks | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available | Water Source: | Public | |
| Window Features: | Double Pane Windows | |||
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