725 SE 4th Ave., Gainesville, FL 32601

725 SE 4th Ave., Gainesville, FL 32601
Photo 1 of 37
$320,000
Sold on 3/03/22
Beds Baths Sq. Ft. Taxes Built
4 2.0 1,733 $2,348 1959
On the market: 32 days
View full details, 15 photos, school info, and price history
Investor ALERT!!! Duplex (both sides) in the Gainesville Bed & Breakfast District. House hacking at its finest. Live in one side/rent out the other or AIRBNB both. Owner has done a tremendous amount of work renovating the units to bring them to current standards, so there's no deferred maintenance. A short 8-minute walk to Depot Park, downtown and convenient to the University of Florida. Cap Rate approx 8% based on long term revenue, could be higher with AIRBNB numbers. See below for list of upgrades. Room dimensions are estimates and should be verified by buyer. Improvements added: Central Heat/Air, New Windows, New Kitchen, Updated Bathrooms, Refinished Terazzo Floors, Gravel driveway, Fence added in-between yards, All plumbing updated except sewer drain, Roof 2013, Repainted entire inside/outside of house, Added desk space to hallway, New Soffits, Electrical Panel upgrade and service upgrade from 100amps to 220 amps. Added square footage to the Right side, Zoned U3, City of Gainesville allows short term rentals
Listing courtesy of Jamie Williams, LLC, BROXSON REAL ESTATE GROUP