4 Beds
4 Baths
2,624 SqFt
4 Beds
4 Baths
2,624 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,624 sqft
Price per Sqft $171
Subdivision High Spgs G E Fosters Add Fairmount
MLS Listing ID GC542057
Bedrooms 4
HOA Y/N No
Year Built 1981
Annual Tax Amount $5,407
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 100x150
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Fully occupied and centrally located brick quadruplexes in the rapidly growing High Springs, FL market for sale. These quads feature a rare combination of location, condition, and stable occupancy. Very limited competing apartment inventory nearby. Both quads are being offered together at $900,000 ($450,000/quad). Located in High Springs, Florida - named the Friendliest Small Town by Floridian magazine and known as the Gateway to the Springs - this 8-unit portfolio offers the perfect blend of small-town charm and strong investment fundamentals. Situated just 20 miles northwest of Gainesville, High Springs has become a sought-after housing destination for all kinds of professionals, providing a deep, stable tenant pool. All 8 units are 1 bedroom/1 bathroom at 656 SF each, spread across two single-story brick buildings totaling 5,248 SF on 0.68 acres. Every unit is currently occupied with leases in place. In-place rents average $933/unit/month. Both buildings are professionally managed. Units are individually metered, tenants pay all utilities. Debt/Insurance quotes and financials available for review.
Location
State FL
County Alachua
Community High Spgs G E Fosters Add Fairmount
Area 32643 - High Springs
Zoning C2
Interior
Interior Features Other
Heating Central
Cooling Central Air
Fireplace false
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature None
Utilities Available Electricity Connected
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Brick
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC542057
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