Property Description
Renovated and cash-flowing brick quadruplex for sale with stellar occupancy history! All units are 2BD/1.5BA townhome style with open layouts and 975+/- sqft of living space. Completely remodeled kitchens and bathrooms, new fixtures, vinyl plank/tile flooring, private deck areas for both bedrooms, and private fenced backyard areas. Tenants pay all utilities, no HOA. 2025 asphalt shingle roof, 3 HVACs are less than 4 years old. Electric is copper wire with cutler hammer and square D breakers. Main plumbing drains are PVC. Plumbing supply lines are mainly copper with a few instances of CPVC in good condition with operable shutoff valves. Located at the front of the Cedar Ridge subdivision of Gainesville, FL; within 5 miles of the Oaks Mall, University of Florida, HCA North Florida Hospital, as well as several shopping centers & other amenities. This quad is being offered for sale along with 2 additional quadruplexes (1 directly adjacent) and duplex in the same subdivision (723 SW 69th St, 712 SW 70th Ter, and 714 SW 69th St). Buildings can be purchased individually or as portfolio. Marketing package linked with information on all buildings. If you're looking for a renovated, stabilized, and cash-flowing investment this is your opportunity! Call today to schedule a tour!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.25 Acres
Roof Type: Shingle
Taxes: $8,883
Year Built: 1981
Square Feet: 3,902
Amenities
Other
Other
Feature Descriptions
Annual Net Income: 43082.44
Directions: From intersection of SW 75th ST (Tower Rd) and SW 8th Ave, head east on 8th Ave. First property (quad) is located on SW 70th St (turn Left) and subject is 2nd one on the left. From there continue north on 70th St and turn right on SW 6th Pl. Two additiona
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.25
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No
Zoning: R-3
Listed By / Shown By
Listed By
Agency Name: THE MULTIFAMILY ADVISORS
Agency Contact: 352-871-8324
Shown By
Agent Name: Team JL
Agent Phone: Cell: (352) 389-2700
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 3,086.52 per month $2,217.94 Principal & Interest $740.25 Property Tax $128.33 Homeowner's InsuranceChange Payment Information
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724 SW 68th Terrace | MLS# GC542159
This multi-family property located at 724 SW 68th Terrace, Gainesville, FL 32607 is currently listed for sale with an asking price of $440,000. Search Gainesville real estate on www.teamjlhomes.com today.