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  • MLS#: GC531484 ( ResidentialIncome )
  • Street Address: 1017 1st Avenue
  • Viewed: 2
  • Price: $2,190,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2000
  • Bldg sqft: 0
  • Bedrooms: 12
  • Total Baths: 12
  • Days On Market: 2
  • Additional Information
  • Geolocation: 29.6509 / -82.3356
  • County: ALACHUA
  • City: Gainesville
  • Zipcode: 32601
  • Subdivision: Not Assigned
  • Provided by: UNIVERSITY REALTY
  • DMCA Notice
  • Description
    Exclusive opportunity to own a 6 unit building just 2.5 blocks to UF fully rented through July 2026 with pro forma rents at over $189,000/year. Located in the Opportunity Zone and Enterprise Zone with high density U 9 zoning, this is a perfect property to hold as a long term investment with value add opportunities. Just 2 doors down from the new Swamp Restaurant and 1.5 blocks from Innovation HUB, this property is right in the heart of UF student living. The layout includes vaulted ceilings in the bedrooms, private upstairs master suites, tiled showers, an elevated breakfast bar, a half bath, and storage closet downstairs. All units are equipped with washer/dryer, double paned windows, wood flooring or wood look tile, and new stainless steel appliances (2020). New roof and exterior paint (2020) also. Financials are pro forma. Additional highlights:12 on site parking spaces + dedicated scooter parking, .28 acre lot with low maintenance Hardie board exterior.
Features
Home Owners Association Fee
  1. 0.00
Baths Total
  1. 12
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. CentralAir
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Lighting
  2. Other
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Interior Features
  1. VaultedCeilings
Legal Description
  1. LOTS THREE (3) AND FOUR (4)
  2. BLOCK FIVE (5)
  3. "UNIVERSITY PLACE
  4. " AS PER PLAT THEROF RECORDED IN PLAT BOOK "A" PAGE 77
  5. OF THE PUBLIC RECORDS OF ALACHUA COUNTY
  6. FLORIDA
Living Area
  1. 6228.00
Area Major
  1. 32601 - Gainesville
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 13250-010-001
Pet Deposit
  1. 0.00
Property Type
  1. ResidentialIncome
Roof
  1. Shingle
Security Deposit
  1. 0.00
Sewer
  1. PublicSewer
Tax Year
  1. 2024
The Range
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. CableConnected
  2. ElectricityConnected
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/GC531484
Water Source
  1. Public
Year Built
  1. 2000
Zoning Code
  1. U-9