712 Sw 70th Terrace, Gainesville, FL 32607

$440,000
8
BD
4
BA
4,278
SqFt

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List Price
$440,000
Status
ACTIVE
MLS#
GC542154
Bedrooms
8
Bathrooms
4
Living Area
4,278
Subdivision
Cedar Ridge

Property Description

Renovated and cash-flowing brick quadruplex for sale with strong occupancy history! All units are 2BD/1BA flats with open layouts and 713+/- sqft of living space. In-place rents: Unit A - Office/Storage, Unit B - $1,100, Unit C - $1,100, Unit D - $1,175. All units have updates including: kitchens and bathrooms, new fixtures, vinyl plank/tile flooring, and porch areas. Tenants pay all utilities. 2022 asphalt shingle roof, newer HVACs. Electric is copper wire with cutler hammer and square D breakers. Main plumbing drains are PVC. Plumbing supply lines are mainly copper with a few instances of CPVC in good condition with operable shutoff valves. Located at the front of the Cedar Ridge subdivision of Gainesville, FL; within 5 miles of the Oaks Mall, University of Florida, HCA North Florida Hospital, as well as several shopping centers & other amenities. This quad is being offered for sale along with 2 additional quadruplexes and 1 duplex in the same subdivision (724 SW 68th Ter, 723 SW 69th St, and 714 SW 69th St). Buildings can be purchased individually or as portfolio. Marketing package linked with information on all buildings. If you’re looking for a renovated, stabilized, and cash-flowing investment this is your opportunity! Call today to schedule a tour!

Additional Information

Year Built
1980
Construction
Block
Living Area
4,278
Acres
0.23
Interior Features
Other
Cooling
Central Air
Heating
Central
Exterior Features
None
Sewer
Public Sewer

Listing courtesy of THE MULTIFAMILY ADVISORS.

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