GAINESVILLE, FL 32607 6816 SW 4TH PLACE

Pending
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Presented By: HPL REALTY INVESTMENTS with 407-440-4032. - 321-945-2367
  • MLS# O6274431
  • 01/23/2025
  • Request Tour
  • Request Info
  • SQFT • 12,296

Home Details

Under contract-accepting backup offers. Explore your income-generating properties situated in the heart of Gainesville! These two exclusive apartment buildings feature a total of sixteen units, offering a rare opportunity for complete control without any HOA fees. The units comprise 8 two-bedroom/one-bathroom layouts and 8 one-bedroom/ one-bathroom layouts.Recent partial renovations, excluding two units, include updates to floors, paint, baseboards, toilets, and other cosmetic enhancements. Half of the AC units are less than 6 years old, with the remainder older. Strategically positioned, the property is just minutes away from shopping and dining, conveniently located off SR75 South to Orlando and North to Tallahassee, 8 minutes from North Florida Hospital and approximately 45 minutes from the University of Florida, providing unmatched convenience and access to the city's vibrant amenities.Despite its prime location, current leases are below market value, offering a promising opportunity to increase returns. Fully occupied with tenants including Section 8, VA, and open market renters, these units present an attractive option for investors seeking stable cash flow. Updated interiors ensure tenant satisfaction and minimal upkeep, allowing for seamless portfolio growth.Don't miss this outstanding chance to own sixteen income-producing properties. Take control of your financial future with this profitable investment opportunity. Schedule a viewing today and discover effortless property ownership at its finest!
Presented By: HPL REALTY INVESTMENTS with 407-440-4032. - 321-945-2367

Interior Features for 6816 SW 4TH PLACE

Bedrooms

Total Bedrooms

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesceiling fan(s)
Laundry Featureslaundry closet

General for 6816 SW 4TH PLACE

Additional Parcels Description06655-070-009
Additional Parcels Y/NYes
Appliancesdishwasher, dryer, electric water heater, range, refrigerator, washer
Building Area Unitssquare feet
Carport Y/NNo
Citygainesville
Construction Materialsblock, concrete
Coolingcentral air
Countyalachua
Directionsfrom turnpike north on i-75 north, take exit 26 to w newberry rd, take left(w) left on nw75 st, left on sw8th ave the left on sw 67 terrace and left on sw 4th place.
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income205356
HOANo
Heatingelectric
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptioncedar ridge villas pb m-19 lot 5 or 4478/1237
Living Area Unitssquare feet
Lot Size Square Feet15246
Lot Size Unitssquare feet
MLS Area32607 - gainesville
Minimum Lease7 months
ModificationTimestamp2025-05-23t17:59:40.380z
New ConstructionNo
Number Of Units Total16
Ok to Lease12 months
Ownershipfee simple
Property Subtypemulti family
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statuspending
Statuspending
Subdivision Namecedar ridge villas
Tax Annual Amount15405
Tax Lot5
Tax Year2023
Total Actual Rent17113
Utilitiespublic
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1983
Zoningr-3

Exterior for 6816 SW 4TH PLACE

Exterior Amenitiesother
Foundation Detailsslab
Lot Size Acres0.35
Lot Size Area15246
Number of Buildings2
Number of Lots2
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Andre LaFountain

Realtor / Coach
Price $1,699,000
MLS#O6274431
List Date 01/23/2025
Property Type Pending
Phone 518.569.7173
Request Tour
Request Info
Visit My Website

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Location
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