DarleneFazio
BEDS8
BATHS
SQUARE FEET3,360
MLS#GC540860
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPHOENIX
Property Description
Excellent investment opportunity with this well-maintained quadplex in a convenient Gainesville location. The property consists of four 2-bedroom, 1-bath units, each offering approximately 840 square feet of living space. The units feature functional floor plans with spacious living areas, abundant natural light, tile flooring throughout, and kitchens with ample cabinet storage.All four units are currently leased, providing immediate and stable rental income. The property generates $4,400 per month in gross rental income ($52,800 annually). A metal roof was installed in 2022, offering added durability and reduced maintenance.Conveniently located near shopping, dining, public transportation, parks, major roadways, and a variety of local amenities. Nearby destinations include the University of Florida, UF Health Shands Hospital, the Malcolm Randall VA Medical Center, the UF College of Veterinary Medicine, Butler Plaza, Celebration Pointe, and Newnans Lake.This income-producing property presents an opportunity for investors seeking a fully leased multifamily asset in Gainesville. Contact us today for additional information, financial details, or to schedule a showing.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.21 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $8,269
Year Built: 1983
Amenities
Ceiling Fans(s)
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Thermostat
None
Sidewalk
Feature Descriptions
Additional Rooms: Great Room, Inside Utility
Annual Net Income: 52800.00
Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator
Community Features: None, Street Lights
Directions: SW Archer Rd, turn right onto, make right into Phoenix and building is the first on the left
Exterior: Block, Frame
Fireplace: Living Room, Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Ceramic Tile, Luxury Vinyl
Foundation: Slab
HOA Fee: 500/ Semi-Annually
HOA Y/N: Yes
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot: Corner Lot, City Limits, Level, Near Public Transit, Sidewalk, Paved
Lot Dimensions: 0.21
Other Equipment: None
Ownership: Fee Simple
Parking: Open
Parking Notes: Open
Patio/Porch: None
Pets Allowed: Cats OK, Dogs OK, Yes
Pets Restrictions: It is recommended that a Buyer review the community documents to verify the accuracy of the pet restrictions and for specific details regarding pet restrictions. The listing info in this section is believed to be accurate, but is not guaranteed.
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Do Not Contact Tenants, Listing Agent Must Accompany, No Lockbox, See Remarks
Special Sale Provisions: None
Units: 4
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Water: Public
Water Access Y/N: No
Windows: Wood Frames
Zoning: PD
Local Schools
High School: Eastside High School-AL
Middle School: Kanapaha Middle School-AL
Elementary School: Idylwild Elementary School-AL
Listed By / Shown By
Listed By
Agency Name: FIRST CHOICE REALTY OF NORTH FLORIDA LLC
Agency Contact: 352-514-9508
Shown By
Agent Name: Darlene Fazio
Agent Phone: Cell: (954) 464-3030
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 1,871.93 per month $1,045.79 Principal & Interest $689.08 Property Tax $137.05 Homeowner's InsuranceChange Payment Information
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2321 SW 31st Place | MLS# GC540860
This multi-family property located at 2321 SW 31st Place , Gainesville, FL 32608 is currently listed for sale with an asking price of $469,900. Search Gainesville real estate on dfazio.realty100.com today.