BEDS5
BATHS5 full
SQUARE FEET1,729
MLS#GC542022
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONBROWNS
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!
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, Mini-Split Unit(s)
Heating: Natural Gas
Lot Size: 0.31 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $3,215
Year Built: 1930
Amenities
Ceiling Fans(s)
Solid Surface Counters
Thermostat
Awning(s)
Balcony
Lighting
Feature Descriptions
Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
Directions: Head east on W Newberry Road (FL-26 E) toward downtown.Continue for approximately 5.5â??6 miles.Turn left onto NW 6th Street.Drive about 0.3 miles.Turn right onto NW 7th Avenue.619 NW 7th Ave will be on your left, just west of NW 6th Street.
Exterior: Wood Siding
Flood Zone Code: X
Flooring: Luxury Vinyl
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.31
Ownership: Fee Simple
Pets Allowed: Yes
Pets Restrictions: Buyer to verify any pet restrictions.
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Lock Box Electronic, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RC
Local Schools
High School: Gainesville High School-AL
Middle School: Westwood Middle School-AL
Elementary School: Carolyn Beatrice Parker Elementary
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Agency Contact: 352-240-0600
Shown By
Agent Name: Shapi Moshksaran
Agent Phone: Cell: (813) 500-1454
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 1,262.22 per month $879.10 Principal & Interest $267.92 Property Tax $115.21 Homeowner's InsuranceChange Payment Information
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619 NW 7th Avenue | MLS# GC542022
This single family home located at 619 NW 7th Avenue , Gainesville, FL 32601 is currently listed for sale with an asking price of $395,000. This property was built in 1930 and has 5 bedrooms and 5 full baths with 1729 sq. ft. NW 7th Avenue is located in the BROWNS subdivision. Search BROWNS real estate on www.homebyshapi.com today.