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    201 SE 2nd Avenue

    Gainesville, FL 32601
    • $1,300,000
    • STATUS: Active
    • ON SITE: 113 days
    • MLS #: 439369
    UPDATED: 80 min ago
    $1,300,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,418
      SQFT
    • $203
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2000
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Investor opportunity to purchase a turn key rental portfolio which includes 6 units in the downtown Gainesville area and near the University of Florida. 4 of the units have tenants in place through 7/31/2021. The other 2 units are a fully furnished duplex being used as an AirBnB generating an average of ~$6200/month. All 6 units have been recently updated and all roofs, HVAC's, and water heaters have been replaced in the last 6 years. The units are located at 620 SW 4th St (3bed/2bath) $1,825/month, 1016 SE 7th Ave (3bed/1bath) $900/month, 715 NW 7th Ave (3bed/2bath) $1,400/month, 201 SE 2nd Ave #303 (2bed/2bath) $1,575/month, 821 & 825 SW 2nd Ter (both 3bed/1bath) ~$6,200/avg monthly AirBnB net income. Annual Income of ~$139,560, total expenses of $32,808, equals a $99,774 NOI at a 7.67% Cap Rate

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    © 2021 Gainesville MLS, Inc. All Rights Reserved. Information deemed reliable but not guaranteed.The Broker Reciprocity logo designates real estate listings held by a brokerage firm other than The Curlings Group | Keller Williams Gainesville Realty Partners. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-02-28T07:07:14.76.
    www.thecurlingsgroup.com/homes/111670461
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    201 SE 2nd Avenue Gainesville, FL 32601

    • Price: $1,300,000
    • Status: Active
    • Updated: 80 min ago
    • MLS #: 439369
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,418
    SQFT
    $203
    $/SQFT
    2000
    Built
    Neighborhood:
    Union Street Station
    County:
    Alachua
    Area:
    Alachua
    Elementary School:
    Williams Elem
    Middle School:
    Lincoln Middle
    High School:
    Gainesville High
    Property Description
    Investor opportunity to purchase a turn key rental portfolio which includes 6 units in the downtown Gainesville area and near the University of Florida. 4 of the units have tenants in place through 7/31/2021. The other 2 units are a fully furnished duplex being used as an AirBnB generating an average of ~$6200/month. All 6 units have been recently updated and all roofs, HVAC's, and water heaters have been replaced in the last 6 years. The units are located at 620 SW 4th St (3bed/2bath) $1,825/month, 1016 SE 7th Ave (3bed/1bath) $900/month, 715 NW 7th Ave (3bed/2bath) $1,400/month, 201 SE 2nd Ave #303 (2bed/2bath) $1,575/month, 821 & 825 SW 2nd Ter (both 3bed/1bath) ~$6,200/avg monthly AirBnB net income. Annual Income of ~$139,560, total expenses of $32,808, equals a $99,774 NOI at a 7.67% Cap Rate
    Interior Features

    Units Furnished Some Units Furnished

    Property Features

    Bank Owned YN No Class Multi-Family Legal Description Multiple Legal Descriptions Short Sale YN No Sub Type 5-19 Units Tax Year 2019 Taxes Annual 11557

    Listing information © 2021 Gainesville MLS.
    Listing provided courtesy of Bhgre Thomas Group.


    © 2021 Gainesville MLS, Inc. All Rights Reserved. Information deemed reliable but not guaranteed.The Broker Reciprocity logo designates real estate listings held by a brokerage firm other than The Curlings Group | Keller Williams Gainesville Realty Partners. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-02-28T07:07:14.76.
     
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    The Curlings Group | Keller Williams Gainesville Realty Partners
    4041 NW 37th Pl Ste B
    Gainesville FL, 32606