Commercial property in Gainesville, Florida 8 bedrooms, 345.6 sq.m. № 2108254

Commercial property in Gainesville, Florida 8 bedrooms, 345.6 sq.m. № 2108254
ID2108254 $ 595 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2108254

Property description

Turnkey Gainesville Fourplex — Stabilized Asset with Strong Cash Flow Potential Positioned in one of North Central Florida’s most reliable rental markets, this upgraded fourplex presents a compelling opportunity for investors seeking immediate income and long-term appreciation. The property consists of four spacious 2BR/1.5BA units with a proven, tenant-friendly layout that supports consistent occupancy and retention. Capital improvements completed in 2024—2025, including flooring, windows, plumbing, and full bathroom upgrades, significantly reduce deferred maintenance and future CapEx exposure. With strong rental demand driven by the University of Florida and surrounding employment hubs, this asset is well-positioned for stable cash flow and continued rent growth. Ideal for investors seeking a low-maintenance, income-producing property with upside potential through rental optimization.
MLS #: GC539450
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CityGainesville
Address1718 SW 69 TERRACE
TypeCommercial property
Bedrooms8
Living space345.6 m²
  • sq. ft
Completion dateIV quarter, 1981
Parking typeOpen air
Price
  • Price
  • per m²
$ 595 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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