6816 SW 4TH PLACE GAINESVILLE FL 32607 MLS #O6274431

6816 SW 4TH PLACE
GAINESVILLE, FL, 32607
$1,699,000
Beds
0 Baths
12,296 SqFt
0.35 Acres
Add
Explore your income-generating properties situated in the heart of Gainesville! These two exclusive apartment buildings feature a total of sixteen units, offering a rare opportunity for complete control without any HOA fees. The units comprise 8 two-bedroom/one-bathroom layouts and 8 one-bedroom/ one-bathroom layouts.Recent partial renovations, excluding two units, include updates to floors, paint, baseboards, toilets, and other cosmetic enhancements. Half of the AC units are less than 6 years old, with the remainder older. Strategically positioned, the property is just minutes away from shopping and dining, conveniently located off SR75 South to Orlando and North to Tallahassee, 8 minutes from North Florida Hospital and approximately 45 minutes from the University of Florida, providing unmatched convenience and access to the city’s vibrant amenities.Despite its prime location, current leases are below market value, offering a promising opportunity to increase returns. Fully occupied with tenants including Section 8, VA, and open market renters, these units present an attractive option for investors seeking stable cash flow. Updated interiors ensure tenant satisfaction and minimal upkeep, allowing for seamless portfolio growth.Don’t miss this outstanding chance to own sixteen income-producing properties. Take control of your financial future with this profitable investment opportunity. Schedule a viewing today and discover effortless property ownership at its finest!

Property Details

Price:
$1,699,000
MLS #:
O6274431
Status:
Active
Beds:
0
Baths:
0
Address:
6816 SW 4TH PLACE
Type:
Multi Family
Subdivision:
CEDAR RIDGE VILLAS
Neighborhood:
32607 – Gainesville
City:
GAINESVILLE
Listed Date:
Jan 23, 2025
State:
FL
Finished Sq Ft:
12,296
ZIP:
32607
Lot Size:
15,246 sqft / 0.35 acres (approx)
Year Built:
1983
Units:
16
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Appliances
Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Cooling
Central Air
Heating
Electric
Laundry Features
Laundry Closet

Exterior

Construction Materials
Block, Concrete
Exterior Features
Other
Roof
Shingle

Financial

Tax Year
2023
Taxes
$15,405

Map

Community

Similar Listings Nearby

6816 SW 4TH PLACE
GAINESVILLE, FL