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Description
Incredible Investment Opportunity - 8-Unit Portfolio Just TWO Blocks From UF!This prime-location portfolio offers unbeatable walkability to the University of Florida-just a short stroll from campus-and sits within the highly desirable U5 zoning district, opening the door to strong long-term value. All 8 units are fully leased through July 2027, providing immediate, stable income from day one. Property Highlights- Six (6) One-Bed/One-Bath Units, Each unit includes a full kitchen, living area, and a private bathroom & In-unit washer & dryer, stylish LVP flooring throughout. Each apartment has one assigned parking space per unitThese are clean, efficient layouts that stay rented with ease. The corner Duplex (Two 1/1 Units) features a spacious living/dining combo, full kitchen, and private bath & one parking space per unit Fantastic visibility on the corner lotThis rare offering is perfect for investors looking to grow their Gainesville portfolio with solid cash flow, premium location, and built-in stability. Properties this close to UF-with strong leases in place-don't hit the market often!
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central
Lot Size: 0.35 Acres
Roof Type: Shingle
Taxes: $33,237
Year Built: 1920
General Information
Sqft: 4,433
County: Alachua
Subdivision: BROWN B W ORRS
Listed By:
Jamie Williams
CORNERSTONE REALTY & MANAGEMENT SERVICES LLC
352-262-4914
MLS ID: GC535966
Amenities
Other
Window Treatments
Sidewalk
Property Features
Annual Net Income: 110000.00
Days on Site: 86
Directions: From I 75 Head East on University Avenue until you reach NW 15th Street. Make a left and then take a right on NW 2nd avenue. Duplex is on NW 15th street/NW 2nd Avenue and 6 plex is also on NW 2nd avenue right next door
Exterior: Block, Other, Frame
Flood Zone Code: X
Foundation: Crawlspace, Slab
Home Warranty Y/N: No
Lot Dimensions: 0.35
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 8
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RMU
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203 NW 15th Street, Gainesville, FL 32603.
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Estimated Payment
$ 10,098.75 per month $6,745.66 Principal & Interest $2,769.75 Property Tax $583.33 Homeowner's InsuranceChange Payment Information
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