USAFLGainesvilleCedar Ridge Villas6816 Sw 4Th Pl
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6816 Sw 4 Th Pl, Gainesville, FL

Real Estate

Sold

Listed price in listed location currency (USD).
$1,720,000
$1,699,000

000

MLS® O6274431

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 12296 sqft
Garage No
Taxes $15,405
Lot Size 0.35 acres
Approx. Age 1983
Avg. Price Per Sqft $138
MLS® Number O6274431

Property Address: 6816 Sw 4th Pl, Gainesville, FL, 32607-5785

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

Description

Explore your income-generating properties situated in the heart of Gainesville! These two exclusive apartment buildings feature a total of sixteen units, offering a rare opportunity for complete control without any HOA fees. The units comprise 8 two-bedroom/one-bathroom layouts and 8 one-bedroom/ one-bathroom layouts.Recent partial renovations, excluding two units, include updates to floors, paint, baseboards, toilets, and other cosmetic enhancements. Half of the AC units are less than 6 years old, with the remainder older. Strategically positioned, the property is just minutes away from shopping and dining, conveniently located off SR75 South to Orlando and North to Tallahassee, 8 minutes from North Florida Hospital and approximately 45 minutes from the University of Florida, providing unmatched convenience and access to the city's vibrant amenities.Despite its prime location, current leases are below market value, offering a promising opportunity to increase returns. Fully occupied with tenants including Section 8, VA, and open market renters, these units present an attractive option for investors seeking stable cash flow. Updated interiors ensure tenant satisfaction and minimal upkeep, allowing for seamless portfolio growth.Don't miss this outstanding chance to own sixteen income-producing properties. Take control of your financial future with this profitable investment opportunity. Schedule a viewing today and discover effortless property ownership at its finest!
MLS® NumberO6274431
Laundry LevelLaundry Closet
Central VacNo
FireplaceNo
Acreage0.35
Exterior
GarageNo
Approx. Age1983
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Mar 24, 2025End Date
$1,720,000Sold Price

Sold

Jan 23, 2025List Date
$1,699,000List Price
  • Commute

Commute

Starting Address
Destination Address
6816 Sw 4 Th Pl, Gainesville, FL

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