Gainesville, FL 32608,4405 SW 74TH TER
Gainesville, FL 32608,4405 SW 74TH TER
Gainesville, FL 32608,4405 SW 74TH TER
13
$440,000
$450,000
2.2%
Est.Price: ?

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8 BD
4 BA
3,348 SqFt

4405 SW 74TH TER Gainesville, FL 32608

Est. payment /mo
SOLD DATE : 06/08/2023

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Key Details

Sold Price $440,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,348 sqft

Price per Sqft $131

Subdivision Tower Village Iii

MLS Listing ID R4906862

Sold Date 06/08/23

Bedrooms 8

HOA Y/N No

Originating Board Stellar MLS

Year Built 1983

Annual Tax Amount $4,905

Lot Size 0.420 Acres

Acres 0.42

Property Description

Offers will be reviewed on or before April 28th.

Tower Village is a 254-unit multifamily community located in Gainesville, FL. Developed in the early-mid 1980s, the community features 5 Eightplexes, 51 Quadraplexes, 2 Triplexes, and 4 Condos. This offering is for one Quadraplex. The subdivision is within 5 miles of the University of Florida and HCA Florida North Hospital and within 4 miles from several major shopping centers that feature national brands such as Bass Pro Shops, Super-Walmart, & Target. The parcel sits on 0.42 +/- acre. All four units are 2BR/1BA measuring 837 +/- SF. Each unit has a fireplace and a private patio, washer/dryer connections, carpet flooring in the living space and bedroom, tile flooring in the kitchen and bathroom, and original oak cabinetry. The tenant is responsible for electricity and water/sewer. The landlord pays for garbage pick-up.
THE OPPORTUNITY: Current in-place rent is astonishingly low at $600/month for each of the four units. Comparable 2 BR/1 BA units in the same subdivision (and nearby comparable subdivisions) are renting for $1,050-1,300 depending on the level of interior update.

Location

State FL

County Alachua

Community Tower Village Iii

Zoning PD

Interior

Interior Features Other

Heating Natural Gas

Cooling Central Air

Fireplace true

Exterior

Exterior Feature Other

Utilities Available Cable Connected, Electricity Connected, Other, Sewer Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Read Less


Stellar MLS
Listed by BRG REALTY VENTURES
Bought with FLORIDA HOMES REALTY & MORTGAGE LLC

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Matthew Nagy

Agent | License ID: SL3500443

+1(814) 931-1477

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