Bought with
5801 NW 23RD TER Gainesville, FL 32653
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $124
Subdivision Pineridge Ii
MLS Listing ID GC534581
HOA Y/N No
Year Built 1978
Annual Tax Amount $3,041
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
While some updates would go a long way toward modernizing the space, the fundamentals are already in place—four units in an area known for consistent rental demand. With the right improvements, this property has excellent potential to generate strong returns and increase in value.
Ideally situated near shopping, dining, schools, and major employers, this location offers quick access to the University of Florida, Santa Fe College, and downtown Gainesville. Tenants will love the convenience, and investors will appreciate the income stream that comes with multi-family housing.
Whether you're a seasoned investor or just getting started, this quadruplex presents a rare chance to create lasting value through thoughtful updates and smart management.
Location
State FL
County Alachua
Community Pineridge Ii
Area 32653 - Gainesville
Zoning PD
Interior
Interior Features Open Floorplan
Heating Central
Cooling Central Air
Fireplace false
Laundry Laundry Closet
Exterior
Exterior Feature Other
Utilities Available Electricity Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC534581
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