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Listed price in listed location currency (USD).
$932,500
$934,000

440

MLS® GC513251

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 3152 sqft
Garage No
Taxes $8,160
Lot Size 0.24 acres
Approx. Age 1933
Avg. Price Per Sqft $296
MLS® Number GC513251

Property Address: 305 6th St, Gainesville, FL, 32601-3455

Average square foot calculated using Size range provided by listing agent.

Description

This classic, Victorian Revival building is a quadruplex with 4 spacious units. Each unit is a 1 bedroom/1 bathroom apartment in the highly sought-after Northeast Historic District (aka. The DuckPond) of Northeast Gainesville. Downtown Gainesville is walking distance, and the University of Florida is 1.5 miles away. This property boasts all-modern upgrades while also retaining its vintage elegance and charm. The original features include a large, covered front porch, original hardwood floors, and multiple fireplaces. Each unit has its own modern and upgraded kitchen, bathroom, and utility area. The roof, the electrical system, the plumbing/water tanks, and the HVAC systems are all 6-7 years old. There are two units upstairs and two downstairs. The two upstairs units are accessible via an external staircase that leads to a shared door and interior hallway that houses the front doors for both units. This property could serve as a fantastic income-producing investment as well as a home for any potential buyer. Three of the four units are established listings on Airbnb. One of the four units is annually leased but is being converted into a fourth Airbnb listing. All four units currently generate a gross income of $135, 000.00 per year. There is an ad-valorem tax exemption discount awarded for 10 years for renovations made that catered to the historic preservation of the property.
MLS® NumberGC513251
Laundry LevelInside
Central VacNo
FireplaceNo
Acreage0.24
Exterior
GarageNo
Approx. Age1933
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Aug 8, 2023End Date
$932,500Sold Price

Sold

May 9, 2023List Date
$934,000List Price

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