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922 SW 7TH AVENUE, GAINESVILLE, FL 32601

$949,000 · Active

MLS #GC543213

922 SW 7TH AVENUE, GAINESVILLE, FL 32601
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

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Contact LPT Realty at (877) 366-2213 to ask about this home.