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$395,000

Est. payment - /mo

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5 Beds

5 Baths

1,729 SqFt

New

619 NW 7TH AVE Gainesville, FL 32601

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MAXIM LLC

maxim@maximrealtors.com +1(407) 288-0704

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,729 sqft

Price per Sqft $228

Subdivision Browns Addn-H P Jackson

MLS Listing ID GC542022

Bedrooms 5

Full Baths 5

HOA Y/N No

Year Built 1930

Annual Tax Amount $3,215

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Single Family Residence

Source Stellar MLS

New Construction false

Property Description

Welcome to this RARE opportunity to own a fully occupied, cash-flowing investment property just one mile from the University of Florida! This property offers a total of 5 bedrooms and 5 bathrooms with over 1,700 square feet of heated and cooled living space and is currently generating $4,200 per month in gross rental income. The main home features 4 bedrooms and 4 full bathrooms, while the attached studio offers a separate private entrance, full bathroom, and kitchenette - the perfect setup for a short-term rental opportunity. Step inside the main home and you'll appreciate the newly installed luxury vinyl plank flooring, fresh interior paint, updated fixtures, and a beautifully renovated kitchen complete with shaker-style cabinetry, granite and butcher block countertops, and stainless steel appliances. All five bathrooms have also been tastefully renovated. Additionally, the studio has been updated with a refreshed kitchenette, new LVP flooring, fresh paint, and a gorgeously renovated bathroom. Additional updates include: new water heater, new HVAC system, new mini split in studio, and a newer roof (2023). Listed at $395,000, this property exceeds the 1% rule many investors are after, making it an attractive opportunity for anyone looking to add a strong income-producing property to their portfolio. Give us a call today to schedule a private tour!

Location

State FL

County Alachua

Community Browns Addn-H P Jackson

Area 32601 - Gainesville

Zoning RC

Interior

Interior Features Ceiling Fans(s), Solid Surface Counters, Thermostat

Heating Natural Gas

Cooling Central Air, Mini-Split Unit(s)

Flooring Luxury Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer

Laundry Laundry Room

Exterior

Exterior Feature Awning(s), Balcony, Lighting

Utilities Available Electricity Connected, Water Connected

Water Access No

Roof Type Metal

Attached Garage false

Exposure North

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction false

Schools

Elementary Schools Carolyn Beatrice Parker Elementary

Middle Schools Westwood Middle School-Al

High Schools Gainesville High School-Al

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Membership Fee Required None

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC542022

Listed by Jonathan Mills KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

NEARBY SCHOOL & BUSINESS

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MAXIM LLC

+1(407) 288-0704

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619 NW 7TH AVE Gainesville, FL 32601

MAXIM LLC

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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619 NW 7TH AVE