Sarasota's Premier Homes

619 NW 7TH AVENUE

GAINESVILLE, FL 32601

MLS#: GC542022

$395,000

Status: Active
Listing number: GC542022
Listing provided by: KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Listing agent phone: None
Last update: 2 hours ago
New on site 1 day ago
Browse Properties
BROWNS ADDN-H P JACKSON - Residential

Property

Beds

5

Full Baths

5

1/2 Baths

None

Year Built

1930

Sq.Footage

1,729

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!

Features & Amenities

Interior

  • Other Interior Features

    In-Law Floorplan

  • Total Bedrooms

    5

  • Bathrooms

    5

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding

  • Other Exterior Features

    Awning(s), Balcony, Lighting

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.31

  • Lot Size(square feet)

    13,504

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $395,000

  • Tax Amount

    $3,215.71

  • Sq. Footage

    1,729

  • Price/SqFt

    $228

HOA

  • Association

    No

School District

  • Elementary School

    Carolyn Beatrice Parker Elementary

  • Middle School

    Westwood Middle School-AL

  • High School

    Gainesville High School-AL

Property Features

  • Stories

    1

  • New Construction

    NO

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    2

  • Water Source

    Public

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Location

County

Alachua

Elementary School

Carolyn Beatrice Parker Elementary

Middle School

Westwood Middle School-AL

High School

Gainesville High School-AL

Listing Courtesy of Jonathan Mills , KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

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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!

619 NW 7TH AVENUE

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