302 NW 7th Terrace, GAINESVILLE, FL 32601

Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
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302 NW 7th Terrace,GAINESVILLE, FL 32601
$670,000
Virtual Tour
  • 5 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by:joseph klenck
Office:brg realty ventures
MLS#:R4909491
Source:MFRMLS

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Price summary

  • Price:$670,000

About this home

WALK TO UF! Two completely remodeled duplexes for sale (4 units). All units are pre-leased through July 2026. Units are comprised of one 2BD/2BA unit and three 1BD/BA units. All units have been completely remodeled including: kitchens, bathrooms, flooring, HVACs, water heaters, metal roofs, plumbing, electric, etc. Tenants pay all utilities. Combined annual gross rents of $62,100, increasing to $64,500 this July. Units are professionally managed. Net income is pro-forma estimate. Across from the University of Florida and countless amenities. This is the perfect opportunity to own stabilized investment property near the University of Florida! Can be bought with adjacent SFR rental home for sale (MLS #R4909490).

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Home facts

  • Year built:1935
  • Listing Id #:R4909491
  • Added:47 day(s) ago
  • Updated:August 18, 2025 at 02:48 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric

Structure and exterior

  • Roof:Metal
  • Year built:1935

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$670,000
  • Tax amount:$5,571 (2024)
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