922 SW 7TH AVENUE, GAINESVILLE, FL 32601
$949,000 · Active
MLS #GC543213

- Price
- $949,000
- Status
- Active
- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 1,530 sq ft
- Home type
- Single Family Residence
- Year built
- 1947
- Lot size
- 0.17 acres
- Full bathrooms
- 2
- Half bathrooms
- 0
- Private pool
- No
- Waterfront
- No
- New construction
- No
- HOA
- No
- 55+ community
- No
- Levels
- Two
- County
- Alachua
- Annual property taxes
- $8,686
- Subdivision
- UNIVERSITY HEIGHTS
- Appliances & Equipment
- Dryer · Microwave · Range · Refrigerator · Washer
- Bathrooms
- 2 total bathrooms · 2 full bathrooms
- Bedrooms
- 4 total bedrooms
- Building
- Built in 1947 · Living area: 1530 · Living area units: Square Feet · Building faces East · 2 stories · Levels: Two · Construction Materials: Concrete, Frame
- Cooling
- Central Air
- Floors
- Luxury Vinyl
- Foundation
- Slab
- Heating
- Central · Electric
- Interior Features
- Stone Counters · Thermostat
- Laundry
- Laundry Closet
- Lot
- 0.17 acres
- Parking
- Driveway · Off Street
- Pets Policy
- Allowed: Yes
- Property
- Completed
- Roof
- Shingle
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Available · Cable Available · Electricity Available · Sewer Available · Water Available · Water Source: Public
About this home
Great investment opportunity just 2 blocks from UF with 2 different two-bedroom properties AND 17 parking spaces! The property has the best high-density multi-family U-9 zoning. It is NOT zoned historic and it IS on the Enterprise Zone, both which are advantages for future development. The back parking area can either collect income or it can be developed in the future for another building to be added on. This duplex features two separate FULLY remodeled units. Each residence features an updated kitchen with granite countertops, modern cabinetry and appliances, a renovated bathroom, and a full-size LG front-loading washer and dryer. Additional remodeled features include luxury vinyl plank flooring, custom millwork, double-pane energy-efficient windows, upgraded blinds, LED lighting and ceiling fans. The owner also updated the property with the following: plumbing and electrical system updates, blown-in insulation, fresh interior and exterior paint, a 2020 roof, 2019 HVAC and a 2020 water heater. This parcel is turn-key and has it all, whether you are a Gator parent looking for your student, or an investor looking for a long-term hold, or both. The property is leased through July 31, 2027, providing an immediate income-producing opportunity for its next owner.
Courtesy of UNIVERSITY REALTY 352-327-9500
Schedule A Tour Get More Information On This HomeContact LPT Realty at (877) 366-2213 to ask about this home.