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Description
Income producing opportunity for first time investors using FHA & VA or seasoned investors!! This 4 unit multifamily property features four townhouse-style units, each offering 2 bedrooms, 1.5 bathrooms, and approximately 900 square feet of living space. Current monthly rents for occupied units is $1200 per month. Additional features include a 2018 asphalt shingle roof, 3 yr old HVAC systems (3 units), 4-5 yr old water heaters, tenant paid utilities, and no HOA. Conveniently located near major hospitals, public transportation, schools, daycare centers, and shopping. Call today to schedule!
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.28 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $8,752
Year Built: 1981
General Information
Bedrooms: 8
Sqft: 3,600
County: Alachua
Subdivision: CEDAR RIDGE
Listed By:
Natalie Thomas
MILLER REAL ESTATE
352-872-5704
MLS ID: GC544137
Amenities
Ceiling Fans(s)
Living Room/Dining Room Combo
Private Mailbox
Property Features
Annual Net Income: 43200.00
Days on Site: 6
Directions: At the intersection of W Newberry RD & Tower RD (SW 75th ST) travel south on Tower Rd. Left on SW 8th Ave. Left on SW 67th Terr. Left on SW 68th Terr and follow to property on left.
Exterior: Block, Other, Wood Siding
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: 6-12 Month
Listing Terms: Cash, Conventional, FHA, Other, VA Loan
Lot Dimensions: 0.28
Ownership: Fee Simple
Parking: Assigned
Parking Notes: Assigned
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, ShowingTime
Special Sale Provisions: None
Units: 4
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water - Multiple Meters, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R-3
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707 SW 68th Terrace, Unit A-D, Gainesville, FL 32607.
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Estimated Payment
$ 2,360.04 per month $1,500.91 Principal & Interest $729.33 Property Tax $129.79 Homeowner's Insurance