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221/223 SE 9th Street , Gainesville, FL 32601

$375,000
  • 221/223 SE 9th Street , Gainesville, FL 32601 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET1,680 MLS#GC538266
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGAINESVILLE MCDOWALLS

Property Description

Discover a rare gem in the heart of Downtown Gainesville - two beautifully updated vintage homes on a single lot with a BONUS lot included in the sale! This unique property offers an exceptional opportunity for savvy buyers. Both homes have undergone extensive renovations, featuring new roofs, AC units, plumbing, windows, and more, blending classic charm with modern comforts. The front home, a cozy 784 sq ft, 2-bedroom, 1-bath retreat, is currently leased for $1382/month through 9/3/26. The back home, a slightly larger 896 sq ft, 2-bedroom, 1-bath residence, is leased for $1,325/month through 1/30/2027. Perfectly situated, you can stroll to Depot Park or the vibrant downtown area in minutes. This property is ideal for an owner-occupant seeking to live in one home while renting out the other for steady income. With a proven rental history, these two homes are a steal at this price - essentially two homes for the price of one. Located in a rapidly appreciating area, with new construction taking place all around, this is an unbeatable investment in a prime, up-and-coming neighborhood!

221/223 SE 9th Street | MLS# GC538266

This multi-family property located at 221/223 SE 9th Street , Gainesville, FL 32601 is currently listed for sale with an asking price of $375,000. Search Gainesville real estate on brookesmith.adamscameron.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.17 Acres
Roof Type: Shingle
Taxes: $3,303
Year Built: 1933

Amenities

Ceiling Fans(s)
None

Feature Descriptions

Annual Net Income: 32484.00
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Directions: TAKE E UNIVERSITY AVE TO SE 9TH STREET. TURN SOUTH. HOUSE ON EAST SIDE OF STREET
Flood Zone Code: X
Foundation: Block, Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot: Historic District, City Limits
Lot Dimensions: 0.17
Other Equipment: None
Ownership: Fee Simple
Patio/Porch: Front Porch
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: Cable Available
Water: Public
Water Access Y/N: No
Zoning: RMF7

Listed By / Shown By

Listed By

Agency Name: GOLDEN RULE REAL ESTATE AND PROPERTY MANAGEMENT
Agency Contact: 352-505-3499

Shown By

Agent Name: Brooke Smith
Agent Phone: (217) 506-1789
Agency Title: Adams Cameron & Co. REALTORS

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Estimated Payment

$ 2,380.53 per month $1,995.91 Principal & Interest $275.25 Property Tax $109.38 Homeowner's Insurance

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