$932,500
$934,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
305 NE 6TH ST Gainesville, FL 32601
4 Beds
4 Baths
3,152 SqFt
Key Details
Sold Price $932,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,152 sqft
Price per Sqft $295
Subdivision Home Investment Co Add Ford & Wooley S/
MLS Listing ID GC513251
Sold Date 11/09/23
Bedrooms 4
HOA Y/N No
Originating Board Stellar MLS
Year Built 1933
Annual Tax Amount $8,160
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 87x140
Property 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.
Location
State FL
County Alachua
Community Home Investment Co Add Ford & Wooley S/
Zoning RMF5
Interior
Interior Features Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Window Treatments
Heating Electric
Cooling Central Air, Mini-Split Unit(s)
Flooring Tile, Wood
Fireplace true
Appliance Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Garden, Lighting, Sidewalk
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Available, Public, Sewer Connected, Water Connected
Waterfront false
View City, Garden
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Historic District, City Limits, Sidewalk, Paved
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame,Wood Siding
New Construction false
Schools
Elementary Schools W. A. Metcalfe Elementary School-Al
Middle Schools Westwood Middle School-Al
High Schools Gainesville High School-Al
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with PAIS REALTY