5801 23rd Terrace, GAINESVILLE, FL 32653
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  • MLS#: GC534581 ( Residential )
  • Street Address: 5801 23rd Terrace
  • Viewed: 24
  • Price: $385,000
  • Price sqft: $124
  • Waterfront: No
  • Year Built: 1978
  • Bldg sqft: 3100
  • Days On Market: 63
  • Additional Information
  • Geolocation: 29.7077 / -82.3577
  • County: ALACHUA
  • City: GAINESVILLE
  • Zipcode: 32653
  • Subdivision: Pineridge Ii
  • Provided by: COLDWELL BANKER RESIDENTIAL
  • Contact: DILIP CHAUHAN
  • 727-393-6437
  • mfrmls
  • DMCA Notice
  • Description
    This Northwest Gainesville quadruplex is a fantastic opportunity for investors looking to grow their portfolio with a property that offers both stability and upside. Each of the four units includes 2 bedrooms and 1 bathroom, featuring tile in the main living spaces and carpeted bedroomspractical finishes that tenants appreciate and owners find easy to maintain. The solid concrete block exterior adds to the propertys durability and long term value. While some updates would go a long way toward modernizing the space, the fundamentals are already in placefour units in an area known for consistent rental demand. With the right improvements, this property has excellent potential to generate strong returns and increase in value. Roofing permit indicates 2020 roof. Ideally situated near shopping, dining, schools, and major employers, this location offers quick access to the University of Florida, Santa Fe College, and downtown Gainesville. Tenants will love the convenience, and investors will appreciate the income stream that comes with multi family housing. Whether youre a seasoned investor or just getting started, this quadruplex presents a rare chance to create lasting value through thoughtful updates and smart management.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: French Doors
  • Fencing: Fenced
  • Flooring: Laminate, Wood
  • Living Area: 1140.00
  • Roof: Shingle
Land Information
  • Lot Features: Cul-De-Sac, Paved, Unincorporated
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: None, Parking Pad
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
Finance and Tax Information
  • Home Owners Association Fee Includes: None
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2011
Other Features
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
  • Interior Features: Ceiling Fans(s)
  • Legal Description: SEMINOLE PARK ESTATES LOT 81
  • Levels: One
  • Area Major: 33777 - Seminole/Largo
  • Parcel Number: 25-30-15-80037-000-0810
  • Style: Ranch
  • Views: 24
  • Zoning Code: R-3