$450,000
$384,900
16.9%For more information regarding the value of a property, please contact us for a free consultation.
7225 SW 42ND PL Gainesville, FL 32608
8 Beds
4 Baths
3,214 SqFt
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,214 sqft
Price per Sqft $140
Subdivision Tower Village Rep
MLS Listing ID GC517467
Sold Date 11/09/24
Bedrooms 8
HOA Y/N No
Originating Board Stellar MLS
Year Built 1980
Annual Tax Amount $5,130
Lot Size 0.340 Acres
Acres 0.34
Property Description
Fantastic income property opportunity with this well-located quadplex in the Tower Village community. Perfect for seasoned investors looking to expand their portfolio or newcomers eager to enter the property market, this multi-family dwelling offers both potential and convenience. Each of the four units features a comfortable 2-bedroom, 1-bath layout. Currently, one out of the four units is leased, providing immediate rental income and a foundation for future growth. Walking distance to public park & botanical gardens and this property is just a stone's throw from public transportation options and is conveniently located near I-75. Plus, it’s a mere 15 minutes from the University of Florida and Shands Hospital, making it an attractive option for short term rentals, college students, and medical professionals alike. Don't miss this chance to secure a prime investment in a thriving community. Whether you're looking to build your portfolio or start your investment journey, this quadplex is a smart choice!
Location
State FL
County Alachua
Community Tower Village Rep
Zoning PD
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Other, Thermostat
Heating Electric
Cooling Central Air
Flooring Laminate, Tile
Fireplace false
Appliance Dishwasher, Range Hood, Refrigerator
Exterior
Exterior Feature Other
Utilities Available Cable Available, Electricity Connected, Fire Hydrant, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Block
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Concrete
New Construction false
Schools
Elementary Schools Kimball Wiles Elementary School-Al
Middle Schools Kanapaha Middle School-Al
High Schools F. W. Buchholz High School-Al
Others
Pets Allowed Breed Restrictions, Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with TRC REALTY GROUP