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$ 250,000
Est. payment | /mo
2 Beds
1 Bath
$ 250,000
Est. payment | /mo
2 Beds
1 Bath
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Bedrooms 2
Full Baths 1
Property Description
Welcome to an exclusive investment opportunity in the vibrant city of Gainesville, FL! We are thrilled to present this off-market multi-family property that includes duplexes and quadplexes, offering you a diverse range of investment options. With excellent rental potential and convenient proximity to the college and downtown, this property is a promising addition to your real estate portfolio. Read on to explore the details and unique features that make this opportunity stand out.
Property Overview:
Property Type: Multi-Family (Duplex & Quadplex)
Location: Gainesville, FL
Status: Off-Market (Exclusive Opportunity)
Duplex Price: $250,000
Quadplex Price: $480,000
Property Highlights:
Duplex & Quadplex Options: Choose from a limited number of duplexes, each comprising a spacious 3-bedroom, 2-bathroom unit on one side and a comfortable 2-bedroom, 1-bathroom unit on the other side. Alternatively, inquire about the quadplexes, featuring four 2-bedroom, 1-bathroom units. Flexibility in unit configurations allows you to tailor your investment to your preferences.
Strong Rental Demand: Gainesville's rental market is thriving, attracting a consistent pool of potential tenants, especially given the property's proximity to the college and downtown. The market rent for a 2-bedroom, 1-bathroom unit is $1,300 per month, while the 3-bedroom, 2-bathroom unit commands $1,500 per month, ensuring attractive rental income potential.
Attractive Cash Flow: With a mix of 2-bedroom and 3-bedroom units, this property promises healthy cash flow, offering you the opportunity to maximize your returns.
Excellent Condition: The property is well-maintained, with updated features such as roofs, water heaters, AC units, plumbing, and electrical systems. Some units have already undergone complete renovations, further minimizing maintenance concerns and expenses.
Tenant-Occupied Potential: Several units already have tenants in place, aware that they are paying under market rent. This established rental history provides a strong foundation for immediate income generation and potential for rent increases in the future.
Convenient Location: Situated a mere 7 minutes from the college and a short drive to downtown, this property is perfectly positioned to attract tenants seeking accessibility to local amenities and attractions.
Investment Details:
Duplex Asking Price: $250,000
Quadplex Asking Price: $480,000
Estimated Rental Income: $1,300/month (2 bed, 1 bath) and $1,500/month (3 bed, 2 bath)
Insurance: $1,300/year
Taxes: $3,000/year
How to Proceed:
To secure this exclusive off-market multi-family property in Gainesville, FL, and to explore available quadplex options, contact our team today. We are here to provide detailed financial projections, answer any questions you may have, and assist you in making a sound investment decision.
Don't miss this golden opportunity to invest in an off-market duplex or quadplex in Gainesville, FL!
Property Overview:
Property Type: Multi-Family (Duplex & Quadplex)
Location: Gainesville, FL
Status: Off-Market (Exclusive Opportunity)
Duplex Price: $250,000
Quadplex Price: $480,000
Property Highlights:
Duplex & Quadplex Options: Choose from a limited number of duplexes, each comprising a spacious 3-bedroom, 2-bathroom unit on one side and a comfortable 2-bedroom, 1-bathroom unit on the other side. Alternatively, inquire about the quadplexes, featuring four 2-bedroom, 1-bathroom units. Flexibility in unit configurations allows you to tailor your investment to your preferences.
Strong Rental Demand: Gainesville's rental market is thriving, attracting a consistent pool of potential tenants, especially given the property's proximity to the college and downtown. The market rent for a 2-bedroom, 1-bathroom unit is $1,300 per month, while the 3-bedroom, 2-bathroom unit commands $1,500 per month, ensuring attractive rental income potential.
Attractive Cash Flow: With a mix of 2-bedroom and 3-bedroom units, this property promises healthy cash flow, offering you the opportunity to maximize your returns.
Excellent Condition: The property is well-maintained, with updated features such as roofs, water heaters, AC units, plumbing, and electrical systems. Some units have already undergone complete renovations, further minimizing maintenance concerns and expenses.
Tenant-Occupied Potential: Several units already have tenants in place, aware that they are paying under market rent. This established rental history provides a strong foundation for immediate income generation and potential for rent increases in the future.
Convenient Location: Situated a mere 7 minutes from the college and a short drive to downtown, this property is perfectly positioned to attract tenants seeking accessibility to local amenities and attractions.
Investment Details:
Duplex Asking Price: $250,000
Quadplex Asking Price: $480,000
Estimated Rental Income: $1,300/month (2 bed, 1 bath) and $1,500/month (3 bed, 2 bath)
Insurance: $1,300/year
Taxes: $3,000/year
How to Proceed:
To secure this exclusive off-market multi-family property in Gainesville, FL, and to explore available quadplex options, contact our team today. We are here to provide detailed financial projections, answer any questions you may have, and assist you in making a sound investment decision.
Don't miss this golden opportunity to invest in an off-market duplex or quadplex in Gainesville, FL!
Listed by Michael Gangemi • Orlando Downtown Office
Nearby Locations
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