Fully occupied, renovated, and cash-flowing brick quadruplex for sale with stellar occupancy history! All units are 2BD/1.5BA townhome style with open layouts and 1062+/- sqft of living space. In-place rents: Unit A - $1,140, Unit B - $1,150, Unit C - $1,400, Unit D - $1,325. Completely remodeled kitchens and bathrooms, new fixtures, vinyl plank/tile flooring, private deck areas for both bedrooms, and private fenced backyard areas. Tenants pay all utilities, no HOA. 2019 asphalt shingle roof, newer HVACs. Electric is copper wire with cutler hammer and square D breakers. Main plumbing drains are PVC. Plumbing supply lines are mainly copper with a few instances of CPVC in good condition with operable shutoff valves. Located at the front of the Cedar Ridge subdivision of Gainesville, FL; within 5 miles of the Oaks Mall, University of Florida, HCA North Florida Hospital, as well as several shopping centers & other amenities. This quad is being offered for sale along with 2 additional quadruplexes (1 directly adjacent) and duplex in the same subdivision (724 SW 68th Ter, 712 SW 70th Ter, and 714 SW 69th St). Buildings can be purchased individually or as portfolio. Marketing package linked with information on all buildings. If you’re looking for a renovated, stabilized, and cash-flowing investment this is your opportunity! Call today to schedule a tour!
The multiple-family residential zoning districts implement the Urban Residential policies of the Future Land Use Element of the Comprehensive Plan. Multi-family districts shall be allowed only in those areas designated Medium, Medium-High, or High Density Residential on the Future Land Use Map. Exemptions to the minimum density of a parcel may be approved by the DRC if it is determined that environmental site constraints, infrastructure constraints, or parcels of limited scale preclude achieving the gross density.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Student
Park & open space
Feb 23, 2022 • Final
Mechanical
HVAC
May 6, 2020 • Final
Roofing
Remove and replace shingles on a multi-family residential building.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 21 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Gainesville, FL • 32607
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 723 SW 69th St
$434,805
$5,195 under list price of $440K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $350K to $600K.