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5801 NW 23rd Terrace, Gainesville, FL 32653

$385,000
SQUARE FEET3,100 MLS#GC534581
MAP LISTING
5801 NW 23rd Terrace, Gainesville, FL 32653
5801 NW 23rd Terrace, Gainesville, FL 32653
5801 NW 23rd Terrace, Gainesville, FL 32653
5801 NW 23rd Terrace, Gainesville, FL 32653
5801 NW 23rd Terrace, Gainesville, FL 32653

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5801 NW 23rd Terrace, Gainesville, FL 32653
5801 NW 23rd Terrace, Gainesville, FL 32653
5801 NW 23rd Terrace, Gainesville, FL 32653
5801 NW 23rd Terrace, Gainesville, FL 32653
5801 NW 23rd Terrace, Gainesville, FL 32653

Property Description

This Northwest Gainesville quadruplex is a fantastic opportunity for investors looking to grow their portfolio with a property that offers both stability and upside. Each of the four units includes 2 bedrooms and 1 bathroom, featuring tile in the main living spaces and carpeted bedrooms-practical finishes that tenants appreciate and owners find easy to maintain. The solid concrete block exterior adds to the property's durability and long-term value.While some updates would go a long way toward modernizing the space, the fundamentals are already in place-four units in an area known for consistent rental demand. With the right improvements, this property has excellent potential to generate strong returns and increase in value. Roofing permit indicates 2020 roof.Ideally situated near shopping, dining, schools, and major employers, this location offers quick access to the University of Florida, Santa Fe College, and downtown Gainesville. Tenants will love the convenience, and investors will appreciate the income stream that comes with multi-family housing.Whether you're a seasoned investor or just getting started, this quadruplex presents a rare chance to create lasting value through thoughtful updates and smart management.

5801 NW 23rd Terrace | MLS# GC534581

This multi-family property located at 5801 NW 23rd Terrace, Gainesville, FL 32653 is currently listed for sale with an asking price of $385,000. Search Gainesville real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.22 Acres
Roof Type: Shingle
Taxes: $3,041
Year Built: 1978
Square Feet: 3,100

Amenities

Open Floorplan
Other

Feature Descriptions

Annual Net Income: 0.00
Days on Site: 130
Directions: North on NW 34th St ~ left on NW 23rd Ter to sign on right (note: seller also has a duplex for sale GC534580)
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.22
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, See Remarks
Special Sale Provisions: None
Units: 4
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No
Zoning: PD

Listed By / Shown By

Listed By

Agency Name: BOSSHARDT REALTY SERVICES LLC
Agency Contact: 352-371-6100

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

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Estimated Payment

$ 2,222.24 per month $1,856.53 Principal & Interest $253.42 Property Tax $112.29 Homeowner's Insurance

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