$595,000

$160/sq ft

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Overview

Bedroom

8

Year Built

1981

Sqft

3720

Property Type

Quadruplex

Property Description

Turnkey Gainesville Fourplex — Stabilized Asset with Strong Cash Flow Potential Positioned in one of North Central Florida’s most reliable rental markets, this upgraded fourplex presents a compelling opportunity for investors seeking immediate income and long-term appreciation. The property consists of four spacious 2BR/1.5BA units with a proven, tenant-friendly layout that supports consistent occupancy and retention. Capital improvements completed in 2024—2025, including flooring, windows, plumbing, and full bathroom upgrades, significantly reduce deferred maintenance and future CapEx exposure. With strong rental demand driven by the University of Florida and surrounding employment hubs, this asset is well-positioned for stable cash flow and continued rent growth. Ideal for investors seeking a low-maintenance, income-producing property with upside potential through rental optimization.

Property Details

MLS#

GC539450

Address

1718 69 SW

City

Gainesville

State/county

FL

Zip/Postal Code

32607

Area

Tower Oaks

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$10,873

Maint Fee

$--

Tax Year

2025

Cooktop

Dryer

Electric Water Heater

Exhaust Fan

Range

Refrigerator

Washer

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Boris Gelfand