Property Description
Lowest priced quad in Gainesville! Brick construction quadruplex in northwest Gainesville. Each unit is 2 bedrooms / 1 bath. Current price and current rents reflect lots of upside potential. Current tenant rents range from $725 to $775. You could keep things as they are or do updates to boost rental rates. Once nicely renovated, rents should be in the $1,000 - $1,300 range. Investors benefit from strong tenant demand in this area as it is conveniently located within walking distance of shops, restaurants, a community center and Super WalMart.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Lot Size: 0.11 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,517
Year Built: 1978
Square Feet: 3,600
Amenities
Other
None
Feature Descriptions
Annual Net Income: 18195.00
Days on Site: 35
Directions: From NW 13th Street and State Road 121, travel south west on 121, turn right on NW 23rd Terrace; then right on NW 57th Place to second building on left.
Exterior: Brick
Flood Zone Code: X
Foundation: Slab
HOA Fee: 382/ Quarterly
HOA Y/N: Yes
Home Warranty Y/N: No
Lot Dimensions: 0.11
Other Equipment: None
Ownership: Fee Simple
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: See Remarks
Special Sale Provisions: None
Units: 4
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: PD
Local Schools
High School: Gainesville High School-AL
Middle School: Westwood Middle School-AL
Elementary School: William S. Talbot Elem School-AL
Listed By / Shown By
Listed By
Agency Name: BHHS FLORIDA REALTY
Agency Contact: 352-225-4700
Shown By
Agent Name: Tiffany Matics-Machusak
Agent Phone: (304) 545-7827
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 2,063.47 per month $1,590.83 Principal & Interest $376.42 Property Tax $96.22 Homeowner's InsuranceChange Payment Information
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5813 NW 23rd Terrace, Unit A,B,C,D | MLS# GC536990
This multi-family property located at 5813 NW 23rd Terrace, Unit A,B,C,D, Gainesville, FL 32653 is currently listed for sale with an asking price of $329,900. Search Gainesville real estate on tiffanym.watsonrealtycorp.com today.