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Sold for $450,000 on 11/09/24
  • $450,000

    7225 SW 42nd Pl, Gainesville, FL 32608

    8beds
    4baths
    3,214sqft
    Quadruplex, Multi Family
    Built in 1980
    -- sqft lot
    $484,300 Zestimate®
    $140/sqft
    $1,657 Estimated rent

    What's special

    Fantastic income property opportunity with this well-located quadplex in the Tower Village community. Perfect for seasoned investors looking to expand their portfolio or newcomers eager to enter the property market, this multi-family dwelling offers both potential and convenience. Each of the four units features a comfortable 2-bedroom, 1-bath layout. Currently, one out of the four units is leased, providing immediate rental income and a foundation for future growth. Walking distance to public park & botanical gardens and this property is just a stone's throw from public transportation options and is conveniently located near I-75. Plus, it’s a mere 15 minutes from the University of Florida and Shands Hospital, making it an attractive option for short term rentals, college students, and medical professionals alike. Don't miss this chance to secure a prime investment in a thriving community. Whether you're looking to build your portfolio or start your investment journey, this quadplex is a smart choice!

    Zillow last checked: 7 hours ago

    Listing updated: November 13, 2024 at 06:45am

    Listing Provided by:

    Natalie Thomas 352-219-8365,

    MILLER REAL ESTATE 352-872-5704

    Bought with:

    Tatiana Rey, 3342193

    TRC REALTY GROUP

    Source: Stellar MLS,MLS#: GC517467MLS LogoOriginating MLS: Gainesville-Alachua

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range Hood, Refrigerator
    Features
    • Ceiling Fan(s), Living Room/Dining Room Combo, Other, Thermostat
    • Flooring: Laminate, Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 3,450
    • Total interior livable area: 3,214 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Other
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: 06886004000
    • Zoning: PD
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Block, Concrete
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Fire Hydrant, Water Connected

    Community & neighborhood

    Location
    • Region: Gainesville
    • Subdivision: TOWER VILLAGE REP

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 4500

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Asphalt
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $484,300
    2% more+ $9,686
    With Zillow Showcase(estimated)
    $493,986