1022 1st Avenue, GAINESVILLE, FL 32601
  • MLS#: R4909329 ( Residential Income )
  • Street Address: 1022 1st Avenue
  • Viewed: 47
  • Price: $2,700,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1935
  • Bldg sqft: 0
  • Bedrooms: 20
  • Total Baths: 14
  • Days On Market: 23
  • Additional Information
  • Geolocation: 29.6514 / -82.336
  • County: ALACHUA
  • City: GAINESVILLE
  • Zipcode: 32601
  • Subdivision: Brick House
  • Provided by: BRG REALTY VENTURES
  • Contact: Beau Beery
  • 352-871-8324
  • mfrmls
  • DMCA Notice
  • 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 its 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.
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Features
Home Owners Association Fee
  1. 0.00
Baths Total
  1. 14
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Other
Garage Spaces
  1. 0.00
Heating
  1. Electric
Insurance Expense
  1. 0.00
Interior Features
  1. Other
Legal Description
  1. BRICK HOUSE CONDOMINIUM OR 2969/0769 UNIT 1022 & A 1/6 SHARE OF COMMON ELEMENTS OR 4608/0879
Living Area
  1. 7966.00
Area Major
  1. 32601 - Gainesville
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 13222-010-001
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 10
Utilities
  1. Cable Connected
  2. Electricity Connected
Views
  1. 47
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/R4909329
Water Source
  1. Public
Year Built
  1. 1935
Zoning Code
  1. U5
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