$2,700,000 for Sale
1022 sw 1st avenue , gainesville, FL 32601
Beds 20 | Baths 14 | 7,966 Sqft | 0.50 Acres |
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Property 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 it’s 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.
General Information
Sale Price: $2,700,000
Price/SqFt: $339
Status: Active
MLS#: R4909329
City: gainesville
Post Office: gainesville
County: Alachua
Subdivision: brick house
Acres: 0.5
Bedrooms:20
Bathrooms:14
House Size: 7,966 sq.ft.
Acreage: 0.5 est.
Year Built: 1935
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Brick
Exterior Misc: Other
Basement: No
Foundation : Other
Cooling: Central Air
Heating: Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $21,137
Legal Description: BRICK HOUSE CONDOMINIUM OR 2969/0769 UNIT 1022 & A 1/6 SHARE OF COMMON ELEMENTS OR 4608/0879

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Beau Beery of BRG REALTY VENTURES, Phone: 352-871-8324