1718 Sw 69 Terrace, Gainesville, FL 32607

$595,000
8
BD
8
BA
3,720
SqFt

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List Price
$595,000
Status
Active
Days on Market
94
MLS#
GC539450
Property Style
Quadruplex
Year Built
1981
Bedrooms
8
Bathrooms
8
Living Area
3,720
Lot Size
10,890
Acres
0.25
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Tower Oaks
MLS Area Major
Gainesville

Property Description

Turnkey Gainesville Fourplex — Stabilized Asset with Strong Cash Flow Potential Positioned in one of North Central Florida’s most reliable rental markets, this upgraded fourplex presents a compelling opportunity for investors seeking immediate income and long-term appreciation. The property consists of four spacious 2BR/1.5BA units with a proven, tenant-friendly layout that supports consistent occupancy and retention. Capital improvements completed in 2024—2025, including flooring, windows, plumbing, and full bathroom upgrades, significantly reduce deferred maintenance and future CapEx exposure. With strong rental demand driven by the University of Florida and surrounding employment hubs, this asset is well-positioned for stable cash flow and continued rent growth. Ideal for investors seeking a low-maintenance, income-producing property with upside potential through rental optimization.

Additional Information

Taxes
$10873
Location
Cul-De-Sac, Paved
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
PD
Interior Layout
Ceiling Fans(s), Central Vaccum, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Thermostat
Interior Features
Ceiling Fans(s), Central Vaccum, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Thermostat
Floor
Carpet, Ceramic Tile, Laminate
Appliances
Cooktop, Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
Utilities
Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Concrete, HardiPlank Type
Exterior Features
Balcony, Courtyard, Lighting
Roof
Shingle
Foundation
Block
Pool
No Pool
Garage Features
Ground Level, On Street
Elementary School
Lawton M. Chiles Elementary School-Al
Middle School
Fort Clarke Middle School-Al
High School
F. W. Buchholz High School-AL
Flood Zone Code
C0293E
Parcel ID
06678-100-009
Legal Description
TOWER OAKS UNIT 1 PB K86 LOT 9 or 5113/0985

Listing courtesy of BHHS FLORIDA REALTY. 352-225-4700

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