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6816 SW 4TH PLACE

Multi-family Recently Sold
$1,720,000

BTC: 57.33333333

ETH: 860.00000000

Sold on: 2025-07-01
46 days
0 room(s)
12,296 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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!

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1983
Lot:
0.35 Acres
Heating:
Electric
Price/sqft:
$138
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.35 Acres

    Other Property Information

    • Parcel Number: 06655070005

    • Zoning: R-3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $15,405

  • Source details

    • MLS ID: O6274431

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Slab

    • Laundry Features: Laundry Closet

    • Living Area: 12296

    • Water Source: Public

    • Subdivision Name: CEDAR RIDGE VILLAS

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: HPL REALTY INVESTMENTS