18580 NW 234TH ST #5-8, High Springs, FL 32643
18580 NW 234TH ST #5-8, High Springs, FL 32643
18580 NW 234TH ST #5-8, High Springs, FL 32643
18580 NW 234TH ST #5-8, High Springs, FL 32643
18580 NW 234TH ST #5-8, High Springs, FL 32643
18580 NW 234TH ST #5-8, High Springs, FL 32643

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details
$ 449,500
Est. payment | /mo

4 Beds

4 Baths

2,624 SqFt


$ 449,500
Est. payment | /mo

4 Beds

4 Baths

2,624 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,624 sqft

Price per Sqft $171

Subdivision High Spgs G E Fosters Add Fairmount

MLS Listing ID GC542058

Bedrooms 4

HOA Y/N No

Year Built 1981

Annual Tax Amount $5,601

Lot Size 0.340 Acres

Acres 0.34

Lot Dimensions 150x100

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

One or more photo(s) was virtually staged. Tenant personal property has been digitally removed from photos for privacy and to clearly show room dimensions. No structural changes were made. This quadruplex is being offered together with an identical, adjacent quadruplex (same address, Parcel #: 00567-000-000). Both quads must be purchased together. Fully occupied and centrally located brick quadruplexes in the rapidly growing High Springs, FL market for sale. These quads feature a rare combination of location, condition, and stable occupancy. Very limited competing apartment inventory nearby. Both quads are being offered together at $899,000 ($449,500/quad). Located in High Springs, Florida - named the Friendliest Small Town by Floridian magazine and known as the Gateway to the Springs - this 8-unit portfolio offers the perfect blend of small-town charm and strong investment fundamentals. Situated just 20 miles northwest of Gainesville, High Springs has become a sought-after housing destination for all kinds of professionals, providing a deep, stable tenant pool. All 8 units are 1 bedroom/1 bathroom at 656 SF each, spread across two single-story brick buildings totaling 5,248 SF on 0.68 acres. Every unit is currently occupied with leases in place. In-place rents average $933/unit/month. Both buildings are professionally managed. Units are individually metered, tenants pay all utilities. Debt/Insurance quotes and financials available for review.

Location

State FL

County Alachua

Community High Spgs G E Fosters Add Fairmount

Area 32643 - High Springs

Zoning C2

Interior

Interior Features Other

Heating Central

Cooling Central Air

Fireplace false

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature None

Utilities Available Electricity Connected

View Y/N No

Water Access No

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

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

Sewer Septic Tank

Water Public

Structure Type Brick

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC542058

Stellar MLS
Listed by Joe Klenck THE MULTIFAMILY ADVISORS

NEARBY SCHOOLS & PROPERTIES

Round Table Realty

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18580 NW 234TH ST #5-8