18580 Nw 234th Street Unit 1-4, High Springs, FL 32643
- $450,000
- 4
- BD
- 4
- BA
- 2,624
- SqFt
- List Price
- $450,000
- Status
- Active
- Days on Market
- 11
- MLS#
- GC542057
- Property Style
- Quadruplex
- Year Built
- 1981
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,624
- Lot Size
- 14,810
- Acres
- 0.34
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- High Spgs G E Fosters Add Fairmount
- MLS Area Major
- High Springs
Property Description
This quadruplex is being offered together with an identical, adjacent quadruplex (same address, Parcel #: 00568-000-000). 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 $900,000 ($450,000/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.
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Additional Information
- Taxes
- $5407
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- C2
- Interior Layout
- Other
- Interior Features
- Other
- Utilities
- Electricity Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Brick
- Exterior Features
- None
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 00567-000-000
- Legal Description
- G E FOSTER ADDN PB A-6 LOT 2 BK 5 OR 4693/1382
Listing courtesy of THE MULTIFAMILY ADVISORS. 352-871-8324
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