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Gelfand Realty Miami Properties - Multi Family

612 & 626 NW 10TH, GAINESVILLE, FL 32601

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Multi Family - Not In Subdivision

612 & 626 NW 10TH, GAINESVILLE, FL 32601

Date Sold 06-18-2018

Sold Price$520,000 Asking Price$540,000

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  • Days on market:

    397 day(s)

  • Original Price:

    $615,000

  • Price per sqft:

    $100

  • Tax Legal Description:

    Per Property Appraiser...J B BAILEY ESTATE DB K-203 W 90 FT OF E 840 FT OF S 157 1/2 FT OF BK 12 OR 3624/ 1494 and J B BAILEY ESTATE DB K-203 W 90 FT OF E 930 FT OF S 134 FT OF BK 12 OR 3624/1494

  • Tax Year:

    2016

  • Property Type:

    Multi Family

  • Furnished Info:

    Unfurnished

  • Elementary School:

    J. J. Finley Elementary School-AL

  • Middle School:

    Westwood Middle School-AL

  • Senior High School:

    Gainesville High School-AL

  • Roof:

    Metal

Description

$540,000 • living size area 5400 sqft

Great multifamily investment opportunity minutes from the university of florida campus and downtown. two, quadruplex buildings on side-by-side parcels totaling .61 ac. all eight units are in good condition and fully rented. they each have their own gru meters, central heat and air and ample parking. units are consistently occupied and above average rental rates per month. units are approximately 675 ft.² with 1 br and 1 ba. roof replaced on both properties in 2007 with metal roofing. both buildings have new plumbing. inside and outside electrical panels have been updated. 626 has stackable washers and dryers in each unit. see financial proforma as provided by seller in documents.

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