Renovated Gainesville, FL Quadruplex for sale. Located in the Tower Village subdivision, this single structure concrete block property is comprised of four townhome style 2BR/1BA units, each roughly 915 sqft. Strong rental income: Two units are currently leased at $1, 400/month & $1, 300/month. One unit is currently owner occupied. One unit is vacant with rental applications being reviewed, and is available for tours. Net-income listed is pro-forma estimate. This property has plenty of upgrades including but not limited to: 2021 asphalt shingle roof, two 2019 HVAC systems, three new water heaters. All units have new granite countertops, and new stainless steel appliances (Fridges, Dishwashers, Stoves). Several units have new flooring, fixtures, and upgraded bathrooms. This property is professionally managed and extremely well-maintained. Located less than 15 minutes away from the University of Florida and major retail/shopping centers. If you are looking for a turnkey, great location investment property with strong rental rates, this is the perfect opportunity.
