NOT LISTED FOR SALE
6 Beds
3 Baths
1,640 Sq Ft
5,663 Sq Ft Lot

Last Sold February 22, 2024

Last sale price $350,000 $213 Per Sq Ft

32 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • Gainesville High School Rated A
  • Asbestos
  • 2-minute walk to Sharmie Ffar Park

About This Home

As of February 2024

Opportunity to pay for your child’s education from the appreciation of this outstandingly located triplex while they live in one unit and rent out the other two for income. This triplex is under a 10-minute walk from the University of Florida and is located in the historic Pleasant Street neighborhood. The triplex has been very well maintained including original hardwood floors, a brand-new paint job, installation of new exterior lighting fixtures, and has a 2013 roof. All 3 units are 2 BR/1 BA with washer dryer connections. Each unit is 547 +/- SF.
 
There is full occupancy currently thru July 2024 and no tenants are behind on rent. Two leases are set to expire in July 2024. The 3rd has renewed, which will provide an opportunity for a parent with a child who will be attending the University in the fall to move in to one unit and make money by renting out the others. Given its proximity to UF, the property can be marketed to both students and professionals who are affiliated with the university. Market rents for the units are $1,300. Sales comps in the area strongly back the offering price of $121k/unit.  The property is professionally managed by a local management group who would be happy to continue doing so.

Last Agent to Sell the Property

Joseph Klenck

BRG REALTY VENTURES License #3555950 Listed on: 12/21/2023

Last Buyer's Agent

Brian Oen

BHGRE THOMAS GROUP License #3372787

BHGRE THOMAS GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,548

Year Built

  • Built in 1952

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x115.5

Home Design

  • 1,640 Sq Ft Home
  • Triplex
  • Shingle Roof
  • Asbestos

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units
  • Browns Addn Taylors Resurvey Blk 6 Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,548

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Asbestos
  • Fireplace: No
  • Living Area: 1640
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1952
  • Lot Size Sq Ft: 5663
  • Status: Sold
  • Street Direction: NW
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 213.41
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Other
  • Total Bedrooms: 6
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 152.36

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Brown Addn

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: MU1
  • Parcel Number: 13750-001-000
  • Additional Parcels: No
  • Lot Dimensions: 50x115.5
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 3
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 2547.74
  • Tax Book Number: A-64
  • Tax Lot: 1

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2024 02/22/24 Sold $350,000 -4.1% $213 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $365,000 0.0% $223 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
12/21/2023 12/21/23 For Sale $365,000 -- $223 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: R4907492

Stellar MLS