Great investment opportunity just 2 blocks from UF with 2 different two-bedroom properties AND 17 parking spaces! The property has the best high-density multi-family U-9 zoning. It is NOT zoned historic and it IS on the Enterprise Zone, both which are advantages for future development. The back parking area can either collect income or it can be developed in the future for another building to be added on. This duplex features two separate FULLY remodeled units. Each residence features an updated kitchen with granite countertops, modern cabinetry and appliances, a renovated bathroom, and a full-size LG front-loading washer and dryer. Additional remodeled features include luxury vinyl plank flooring, custom millwork, double-pane energy-efficient windows, upgraded blinds, LED lighting and ceiling fans. The owner also updated the property with the following: plumbing and electrical system updates, blown-in insulation, fresh interior and exterior paint, a 2020 roof, 2019 HVAC and a 2020 water heater. This parcel is turn-key and has it all, whether you are a Gator parent looking for your student, or an investor looking for a long-term hold, or both. The property is leased through July 31, 2027, providing an immediate income-producing opportunity for its next owner.
| MLS # | GC543215 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1947 |
| Days On Site | 9 |
| Listing Provided By | UNIVERSITY REALTY | Eric Leightman |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 1,530 |
| Story(s) | 1 |
| Zoning | RH2 |
| Acreage | 0.17 |
| Property | 8686 |
|---|
| State | FL |
|---|---|
| County | Alachua |
| City | GAINESVILLE |
| Zip Code | 32601 |
| Area | 32601 Gainesville |
| Community Name | UNIVERSITY HEIGHTS |
| Listing VS Median (in UNIVERSITY HEIGHTS) | |
Price: $949,000 low | high Med: $719,900 sqft: 1,530 low | high Med: 2,294 $ / sqft: $620 low | high Med: $314 On site: 9 low | high Med: 135 | |
| State | FL |
|---|---|
| County | Alachua |
| City | GAINESVILLE |
| Zip Code | 32601 |
| Area | 32601 Gainesville |
| Community Name | UNIVERSITY HEIGHTS |
| Listing VS Median (in UNIVERSITY HEIGHTS) | |
Price: $949,000 low | high Med: $719,900 sqft: 1,530 low | high Med: 2,294 $ / sqft: $620 low | high Med: $314 On site: 9 low | high Med: 135 | |