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Listed price in listed location currency (USD).
$2,567,530
$2,700,000

20140

MLS® R4909329

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7966 sqft
Garage No
Taxes $21,137
Lot Size 0.5 acres
Approx. Age 1935
Avg. Price Per Sqft $338
MLS® Number R4909329

Property Address: 1022 Sw 1st Ave, Gainesville, FL, 32601-6119

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

Description

Incredibly rare opportunity to acquire a 6 home, 20 bed assemblage all grouped together in its own “block” only a 1.5 block walk to UF! Insane. Each home has its own parcel (6 parcels) but are all grouped together within it’s own unofficial parcel with no HOA. All 6 homes are already pre-leased thru July 2026 at $938/bed plus furniture and parking fees leaving plenty of room for future rent growth. Tenants pay all utilities. Rent is by the bed. Washer/dryer connections in all units. There are three buildings built in 2009 and three built in 1935 but handsomely updated. Roof ages range from 2003 to 2009. Parental guarantees on all leases. The same owner also owns two other rental homes nearby and details are in the attached marketing package (10 more beds). Cannot be broken up. All 6 houses must be bought together. NOI is proforma. The unit make up is one 3BR/2BA, one 4BR/3BA, one 4BR/2BA, one 5BR/3BA, and two 2BR/2.5BA. Each home ranges in size from 1, 050 to 1, 706 SF. Professional management in place. Financials available upon a signed confidentiality agreement, ask listing broker.
MLS® NumberR4909329
Laundry LevelElectric Dryer Hookup, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.5
Exterior
GarageNo
Approx. Age1935
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

Jul 16, 2025End Date
$2,567,530Sold Price

Sold

May 12, 2025List Date
$2,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
1022 Sw 1 St Ave, Gainesville, FL

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