About 619 Nw 7th Avenue
Under contract-accepting backup offers. 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!
Features of 619 Nw 7th Avenue
| MLS® # | GC542022 |
|---|---|
| Price | $395,000 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 1,729 |
| Acres | 0.31 |
| Year Built | 1930 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Pending |
Listing Details
| Office | KELLER WILLIAMS GAINESVILLE REALTY PARTNERS |
|---|
Listing Map
Neighborhood Information for 619 Nw 7th Avenue
High Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Morning Meadow Preschool & Kindergarten Private - to |
0 Miles | |
|
|
A.quinn Jones Center Public - 6Th Grade to 12Th Grade |
0 Miles | |
|
|
Persimmon Early Learning Academy, Llc Private - to |
0 Miles | |
|
|
Project Youthbuild Public - 10Th Grade to Adult - Other |
0 Miles | |
|
|
Sidney Lanier Center Public - Kindergarten to 12Th Grade |
1 Miles | |
|
|
Hospital Homebound Public - Preschool to 12Th Grade |
1 Miles | |
|
|
Adult Education Program Public - to |
1 Miles |
School data provided by GreatSchools