Barbara Davis
Property Description
Turnkey Gainesville Fourplex - Stabilized Asset with Strong Cash Flow PotentialPositioned in one of North Central Florida's most reliable rental markets, this upgraded fourplex presents a compelling opportunity for investors seeking immediate income and long-term appreciation. The property consists of four spacious 2BR/1.5BA units with a proven, tenant-friendly layout that supports consistent occupancy and retention.Capital improvements completed in 2024-2025, including flooring, windows, plumbing, and full bathroom upgrades, significantly reduce deferred maintenance and future CapEx exposure.With strong rental demand driven by the University of Florida and surrounding employment hubs, this asset is well-positioned for stable cash flow and continued rent growth. Ideal for investors seeking a low-maintenance, income-producing property with upside potential through rental optimization.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.25 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $10,873
Year Built: 1981
Square Feet: 3,720
Amenities
Ceiling Fans(s)
Central Vaccum
Living Room/Dining Room Combo
PrimaryBedroom Upstairs
Solid Surface Counters
Thermostat
Balcony
Courtyard
Lighting
Feature Descriptions
Annual Net Income: 20845.00
Appliances: Cooktop, Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
Directions: From I-75, drive to W. Newberry Rd, to NW 75th Street. Head South, then turn East on SW 19th Court to 69th Terr. The building (1718) is at the end of the cul-de-sac.
Exterior: Block, Concrete, HardiPlank Type
Flood Zone Code: C0293E
Flooring: Carpet, Ceramic Tile, Laminate
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Cul-De-Sac, Paved
Lot Dimensions: 0.25
Other Structures: Storage
Ownership: Fee Simple
Parking: Ground Level, On Street
Parking Notes: Ground Level, On Street
Patio/Porch: Covered
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent 2
Special Sale Provisions: None
Units: 4
Utilities: Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected
Water: Public
Water Access Y/N: No
Zoning: PD
Local Schools
High School: F. W. Buchholz High School-AL
Middle School: Fort Clarke Middle School-AL
Elementary School: Lawton M. Chiles Elementary School-AL
Listed By / Shown By
Listed By
Agency Name: BHHS FLORIDA REALTY
Agency Contact: 352-225-4700
Shown By
Agent Name: Barbara Davis
Agent Phone: (386) 290-0044
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 4,088.27 per month $3,008.64 Principal & Interest $906.08 Property Tax $173.54 Homeowner's InsuranceChange Payment Information
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1718 SW 69 Terrace | MLS# GC539450
This multi-family property located at 1718 SW 69 Terrace , Gainesville, FL 32607 is currently listed for sale with an asking price of $595,000. Search Gainesville real estate on barbaradavis.watsonrealtycorp.com today.