922 Sw 7th Avenue, Gainesville, FL 32601

$949,000
4
BD
2
BA
1,530
SqFt

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List Price
$949,000
MLS#
GC543213
Status
ACTIVE
Type
Single Family Residential
County
Alachua
City
Gainesville
Subdivision
University Heights
Bedrooms
4
Bathrooms
2
Living Area
1,530
Acres
0.17

Property Description

Great investment opportunity just 2 blocks from UF with 2 different two-bedroom properties AND 17 parking spaces! The property has the best high-density multi-family U-9 zoning. It is NOT zoned historic and it IS on the Enterprise Zone, both which are advantages for future development. The back parking area can either collect income or it can be developed in the future for another building to be added on. This duplex features two separate FULLY remodeled units. Each residence features an updated kitchen with granite countertops, modern cabinetry and appliances, a renovated bathroom, and a full-size LG front-loading washer and dryer. Additional remodeled features include luxury vinyl plank flooring, custom millwork, double-pane energy-efficient windows, upgraded blinds, LED lighting and ceiling fans. The owner also updated the property with the following: plumbing and electrical system updates, blown-in insulation, fresh interior and exterior paint, a 2020 roof, 2019 HVAC and a 2020 water heater. This parcel is turn-key and has it all, whether you are a Gator parent looking for your student, or an investor looking for a long-term hold, or both. The property is leased through July 31, 2027, providing an immediate income-producing opportunity for its next owner.

Additional Information

Year Built
1947
Style
Two Story
Stories
2
Interior Features
Stone Counters, Thermostat
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
Heating
Central, Electric
Cooling
Central Air
Exterior Features
Other
Pool
No Pool
Roof
Shingle
Parking
Driveway, Off Street

Courtesy of Eric Leightman and UNIVERSITY REALTY

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