NOT LISTED FOR SALE

7222 SW 45th Place Gainesville, FL 32608

8 Beds
4 Baths
3,286 Sq Ft
0.35 Acres

Last Sold September 05, 2023

Last sale price $500,000 $152 Per Sq Ft

40 Days on Market

Highlights

  • Garden View
  • No HOA
  • Courtyard
  • Kimball Wiles Elementary School Rated A-
  • Balcony
  • Central Heating and Cooling System

About This Home

As of September 2023

Introducing a charming fourplex property located in the vibrant city of Gainesville. One unit has been fully renovated in 2020 and the other unit was partially renovated in 2021. This multi-family dwelling offers an excellent investment opportunity and is perfect for individuals looking to expand their real estate portfolio. Rents are below market rates by $300-$425 per units .This fourplex is conveniently located close to major amenities, including shopping centers, restaurants, parks, and entertainment options. Its prime location provides easy access to transportation routes, making commuting a breeze. Each unit within the fourplex features 2 bedrooms and 1 bathrooms, providing comfortable and spacious living arrangements for tenants. Please see attached rental income and expenses .

Last Agent to Sell the Property

Abiel Ballesteros

UNITED DREAM REAL ESTATE Brokerage Phone: 305-901-5331 License #3194299 Listed on: 06/02/2023

Last Buyer's Agent

Matt Merdian

MERDIAN REALTY LLC License #3271956

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,753

Year Built

  • Built in 1981

Lot Details

  • 0.35

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,286 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Garden Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony
  • Courtyard
  • Exterior Lighting

Schools

  • Kimball Wiles Elementary School
  • Kanapaha Middle School
  • F. W. Buchholz High School

Additional Features

  • 0.35 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Tower Village III Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $22,811
  • Gross Income $45,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,753

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Brick
  • Fireplace: No
  • Living Area: 3286
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1981
  • Lot Size Sq Ft: 15246
  • Tenant Pays: Electricity, Water
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 152.16
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Foundation Details: Other
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Appraiser
  • Living Area Meters: 305.28

Exterior Features

  • Exterior Features: Balcony, Courtyard, Lighting
  • Roof: Shingle
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Tower Village

Fee Information

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

Schools

  • Elementary School: Kimball Wiles Elementary School-AL
  • High School: F. W. Buchholz High School-AL
  • Middle Or Junior School: Kanapaha Middle School-AL

Lot Info

  • Zoning: PD
  • Parcel Number: 06879-010-024
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: C0435E

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 3775

Multi Family

  • Gross Income: 45300
  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 4
  • Est Annual Market Income: 36919.00

Tax Info

  • Tax Annual Amount: 4753.3
  • Tax Book Number: K-58
  • Tax Lot: 24

Range of Values:

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List Price
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
09/05/2023 09/05/23 Sold $500,000 -2.0% $152 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $510,000 -- $155 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Abiel Ballesteros

    Seller's Agent in 2023

    Abiel Ballesteros

    UNITED DREAM REAL ESTATE

    (786) 355-6646

    38 Total Sales

    Abiel Ballesteros
    Section Image
  • Matt Merdian

    Buyer's Agent in 2023

    Matt Merdian

    MERDIAN REALTY LLC

    (407) 230-8093

    50 Total Sales

    Matt Merdian
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: GC513781

Stellar MLS
Florida Alachua County Gainesville 32608

7222 SW 45th Place, Gainesville, FL

This home is located at 7222 SW 45th Place, Gainesville, FL 32608 since 02 June 2023. This property was built in 1981. 7222 SW 45th Place is a home located in Alachua County with nearby schools including Kimball Wiles Elementary School, Kanapaha Middle School, and F.W. Buchholz High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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