SoldMulti FamilySold
1022 SW 1st Avenue
Gainesville, FL 32601
$2,567,530
- 20Beds
- 14Baths
- 7,966Sq Ft
- $322Per Sq Ft
- 0.5Acres
- 1935Built
- Subdivision
- Brick House
- County
- Alachua
- MLS®
- R4909329
Overview
Incredibly rare opportunity to acquire a 6 home, 20 bed assemblage all grouped together in its own “block” only a 1.5 block walk to UF! Insane. Each home has its own parcel (6 parcels) but are all grouped together within it’s own unofficial parcel with no HOA. All 6 homes are already pre-leased thru July 2026 at $938/bed plus furniture and parking fees leaving plenty of room for future rent growth. Tenants pay all utilities. Rent is by the bed. Washer/dryer connections in all units. There are three buildings built in 2009 and three built in 1935 but handsomely updated. Roof ages range from 2003 to 2009. Parental guarantees on all leases. The same owner also owns two other rental homes nearby and details are in the attached marketing package (10 more beds). Cannot be broken up. All 6 houses must be bought together. NOI is proforma.
The unit make up is one 3BR/2BA, one 4BR/3BA, one 4BR/2BA, one 5BR/3BA, and two 2BR/2.5BA. Each home ranges in size from 1,050 to 1,706 SF. Professional management in place. Financials available upon a signed confidentiality agreement, ask listing broker.
Listing Snapshot
- Price
- $2,567,530
- Days On Site
- N/A
- Bedrooms
- 20
- Inside Area (SqFt)
- 7,966 sqft
- Total Baths
- 14
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.5 Acres
- Year Built
- 1935
- MLS® Number
- R4909329
- Status
- Sold
- Property Tax
- $21,136.93 (2024)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Owner
Property Details
General Features
7 items
- Acres
- 0.5
- Foundation
- Other
- Property Sub Type
- Multi Family
- Sewer
- Public Sewer
- Utilities
- Cable Available, Cable Connected, Electricity Connected
- Water Source
- Public
- Zoning
- U5
Interior Features
4 items
- Cooling
- Central Air
- Heating
- Electric
- Interior
- Other
- Laundry Features
- Electric Dryer Hookup, Washer Hookup
Exterior Features
3 items
- Construction Details
- Brick
- Exterior
- Other
- Roof
- Shingle
Community Features
4 items
- MLS Area
- 32601 - Gainesville
- Township
- 10
- Financing Terms Available
- Cash, Conventional
- Roads
- Asphalt
Location
1022 SW 1st Avenue, Gainesville, FL 32601 · 32601 - Gainesville
Neighborhood & Commute
ZIP Code 32601
- Median household income
- $33,644
- Income per person
- $25,323
- Households
- 10,238
- Average household size
- 2.04
- Median age
- 27.3
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Closed
Friends & Family
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