619 Nw 7th Avenue, Gainesville, FL 32601
- $395,000
- 5
- BD
- 5
- BA
- 1,729
- SqFt
- List Price
- $395,000
- Status
- Active
- Days on Market
- 7
- MLS#
- GC542022
- Property Style
- Single Family
- Year Built
- 1930
- Bedrooms
- 5
- Bathrooms
- 5
- Living Area
- 1,729
- Lot Size
- 13,504
- Acres
- 0.31
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Browns Addn-H P Jackson
- MLS Area Major
- Gainesville
Property Description
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!
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Additional Information
- Taxes
- $3215
- Minimum Lease
- No Minimum
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- RC
- Interior Layout
- Ceiling Fans(s), Solid Surface Counters, Thermostat
- Interior Features
- Ceiling Fans(s), Solid Surface Counters, Thermostat
- Floor
- Luxury Vinyl
- Appliances
- Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
- Utilities
- Electricity Connected, Water Connected
- Heating
- Natural Gas
- Air Conditioning
- Central Air, Mini-Split Unit(s)
- Exterior Construction
- Wood Siding
- Exterior Features
- Awning(s), Balcony, Lighting
- Roof
- Metal
- Foundation
- Crawlspace
- Pool
- No Pool
- Elementary School
- Carolyn Beatrice Parker Elementary
- Middle School
- Westwood Middle School-Al
- High School
- Gainesville High School-AL
- Pets
- Yes
- Flood Zone Code
- X
- Parcel ID
- 13549-000-000
- Legal Description
- BROWN ADDN BK 2 PB A-64 JACKSON PLAT OF N1/2 PB A-79 PART OF LOT 2 AS PER DB 252/407 & E1/2 OF LOT 3 (LESS E 1 FT OF S 59 FT OF N 152 FT) & (LESS PARCEL IN THE SW COR BY COURT DECREE DATED SEPTEMBER 30 1955 TO HATTIE RAINEY) OR 5034/0040
Listing courtesy of KELLER WILLIAMS GAINESVILLE REALTY PARTNERS. 352-240-0600
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