18580 Nw 234th Street 1-4, HIGH SPRINGS, FL

$450,000

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4

Beds

4

Baths

2,624

Square feet

0.34

Acres

About 18580 Nw 234th Street 1-4

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.

Features of 18580 Nw 234th Street 1-4

MLS® # GC542057
Price $450,000
Bedrooms 4
Bathrooms 4.00
Square Footage 2,624
Acres 0.34
Year Built 1981
Type Residential Income
Sub-Type Quadruplex
Status Pending
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Listing Details

OfficeTHE MULTIFAMILY ADVISORS

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Neighborhood Information for 18580 Nw 234th Street 1-4

Significant Percentage of Family Households, Moderate Residential Turnover

Weather

Highs


January 67.90℉
July 90.70℉

Lows


January 71.00℉
July 71.00℉
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Precipitation


54.15

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Nearby Schools

Great Schools School Name Distance  
Great School

High Springs Community School

Public - Kindergarten to 8Th Grade - Closest Elementry School
1 Miles
Great School

First Christian Academy

Private - Preschool to 12Th Grade - Closest Middle School
1 Miles
Great School

Living Springs Academy

Private - Kindergarten to 8Th Grade
2 Miles
Great School

Santa Fe High School

Public - 9Th Grade to 12Th Grade - Closest High School
5 Miles
Great School

A. L. Mebane Middle School

Public - 6Th Grade to 8Th Grade
6 Miles
Great School

Alachua Elementary School

Public - 3Rd Grade to 5Th Grade
6 Miles
Great School

W. W. Irby Elementary School

Public - Preschool to 2Nd Grade
7 Miles

School data provided by GreatSchools

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