619 NW 7TH Ave, Gainesville, FL 32601
- Beds
- 5
- Baths
- 5
- Sqft
- 1,729
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Overview
Welcome to this RARE opportunity to own a fully occupied, cash-flowing investment property just one mile from the University of Florida! This property offers a total of 5 bedrooms and 5 bathrooms with over 1,700 square feet of heated and cooled living space and is currently generating $4,200 per month in gross rental income. The main home features 4 bedrooms and 4 full bathrooms, while the attached studio offers a separate private entrance, full bathroom, and kitchenette - the perfect setup for a short-term rental opportunity. Step inside the main home and you’ll appreciate the newly installed luxury vinyl plank flooring, fresh interior paint, updated fixtures, and a beautifully renovated kitchen complete with shaker-style cabinetry, granite and butcher block countertops, and stainless steel appliances. All five bathrooms have also been tastefully renovated. Additionally, the studio has been updated with a refreshed kitchenette, new LVP flooring, fresh paint, and a gorgeously renovated bathroom. Additional updates include: new water heater, new HVAC system, new mini split in studio, and a newer roof (2023). Listed at $395,000, this property exceeds the 1% rule many investors are after, making it an attractive opportunity for anyone looking to add a strong income-producing property to their portfolio. Give us a call today to schedule a private tour!
Location
Full feature list
Basic info
- Property type
- House
- Number of stories
- 1
- Number of bedrooms
- 5
- Number of bathrooms
- 5
- Square feet
- 1,729
- Lot size (acres)
- 0.31
- Year built
- 1930
Interior features
- Laundry
- Laundry Room
Utilities
- Heating
- Natural Gas
- Cooling
- Central Air, Multi-split AC
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $3,215.71
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Stellar MLS MLS®#: GC542022 Last checked: …
