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5320 NW 20TH CT Gainesville, FL 32653
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Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,720 sqft
Price per Sqft $129
Subdivision Sweetwater Pines
MLS Listing ID GC521381
Sold Date 10/09/24
Bedrooms 8
Construction Status Appraisal,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1987
Annual Tax Amount $4,984
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions IRREGULAR
Property Description
Discover and investment gem nestled on a cul-de-sac in NW Gainesville! This full leased quadruplex offers a prime opportunity for passive income. With a newly installed roof in September 2023, hard surface flooring throughout the downstairs of each unit, maintenance is minimized while tenant satisfaction is maximized. Each townhouse features 2 bedrooms and 1.5 bathrooms of well-maintained living area. Conveniently located near amenities and with easy access to major thoroughfares, this quadruplex presents a savvy investment opportunity in a sought-after locale. Property was originally 4 separate parcel numbers, built and designed to be sold off individually. Current seller combined the units into one tax parcel and formed and HOA for these 4 units, which is included. Units should be able to be divided, should an investor wish to purchase as a whole and sell off individually. Don't miss out on this turnkey income generator.
Location
State FL
County Alachua
Community Sweetwater Pines
Zoning RMF7
Rooms
Other Rooms Inside Utility
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, PrimaryBedroom Upstairs
Heating Central, Natural Gas
Cooling Central Air
Flooring Carpet, Ceramic Tile, Luxury Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Electric Water Heater, Gas Water Heater, Range, Range Hood, Refrigerator
Laundry Inside, Laundry Closet, Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Other
Parking Features Open, Off Street
Utilities Available Water Connected, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water - Multiple Meters
Water Access 1
Water Access Desc Creek
Roof Type Shingle
Porch Deck
Garage false
Private Pool No
Building
Lot Description Near Public Transit, Street Dead-End, Cul-De-Sac, City Limits, Paved
Entry Level Two
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Brick
New Construction false
Construction Status Appraisal,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
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