$675,000 for Sale
302 nw 7th terrace, gainesville, FL 32601
| Beds 5 | Baths 5 | 2,174 Sqft | 0.19 Acres |
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Property Description
WALK TO UF! Two completely remodeled duplexes for sale (4 units). All units are pre-leased through July 2026. Units are comprised of one 2BD/2BA unit and three 1BD/BA units. All units have been completely remodeled including: kitchens, bathrooms, flooring, HVACs, water heaters, metal roofs, plumbing, electric, etc. Tenants pay all utilities. Combined annual gross rents of $62,100, increasing to $64,500 this July. Units are professionally managed. Net income is pro-forma estimate. Across from the University of Florida and countless amenities. This is the perfect opportunity to own stabilized investment property near the University of Florida! Can be bought with adjacent SFR rental home for sale (MLS #R4909490).
General Information
Sale Price: $675,000
Price/SqFt: $310
Status: Active
MLS#: R4909491
City: gainesville
Post Office: gainesville
County: Alachua
Subdivision: browns add -j m fennell
Acres: 0.19
Lot Dimensions: 96 x 87.2
Bedrooms:5
Bathrooms:5
House Size: 2,174 sq.ft.
Acreage: 0.19 est.
Year Built: 1935
Property Type: Duplex
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Wood Siding
Exterior Misc: Other
Basement: No
Foundation : Slab
Cooling: Central Air
Heating: Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $5,571
Legal Description: BROWN ADDN BK 3 PB A-64 FENNELL S/D OF SW1/4 PB A-74 LOT 8 & 9 OR 1803/1648
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Joseph Klenck of BRG REALTY VENTURES, Phone: 352-871-8324
