GAINESVILLE, FL 32608 2321 SW 31ST PLACE
$469,900
38 more
Presented By: FIRST CHOICE REALTY OF NORTH FLORIDA LLC with 352-514-9508. - 352-514-9508
Beds • 8
Baths • 4
SQFT • 3,360
Home Details
Excellent investment opportunity with this well-maintained quadplex in a convenient Gainesville location. The property consists of four 2-bedroom, 1-bath units, each offering approximately 840 square feet of living space. The units feature functional floor plans with spacious living areas, abundant natural light, tile flooring throughout, and kitchens with ample cabinet storage.
All four units are currently leased, providing immediate and stable rental income. The property generates $4,400 per month in gross rental income ($52,800 annually). A metal roof was installed in 2022, offering added durability and reduced maintenance.
Conveniently located near shopping, dining, public transportation, parks, major roadways, and a variety of local amenities. Nearby destinations include the University of Florida, UF Health Shands Hospital, the Malcolm Randall VA Medical Center, the UF College of Veterinary Medicine, Butler Plaza, Celebration Pointe, and Newnans Lake.
This income-producing property presents an opportunity for investors seeking a fully leased multifamily asset in Gainesville. Contact us today for additional information, financial details, or to schedule a showing.
Presented By: FIRST CHOICE REALTY OF NORTH FLORIDA LLC with 352-514-9508. - 352-514-9508
Interior Features for 2321 SW 31ST PLACE
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace FeaturesLiving Room, Wood Burning
Fireplace Y/NYes
FlooringCeramic Tile, Luxury Vinyl
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
Laundry FeaturesInside, Laundry Closet
Window FeaturesWood Frames
General for 2321 SW 31ST PLACE
Additional Parcels Y/NNo
Additional RoomsGreat Room, Inside Utility
AppliancesDishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator
Assoc Fee Paid PerSemi-Annually
Association NamePhoenix Association/Lucy McCullough
Building Area UnitsSquare Feet
Carport Y/NNo
CityGAINESVILLE
Community FeaturesNone
Construction MaterialsBlock, Wood Frame
CoolingCentral Air
CountyAlachua
DirectionsSW Archer Rd, turn right onto, make right into Phoenix and building is the first on the left
Elementary SchoolIdylwild Elementary School-AL
Flood Zone CodeX
Flood Zone Code XY
Garage Y/NNo
Gross Income52800
HOA Fee$500
HeatingCentral, Electric
High SchoolEastside High School-AL
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionPHOENIX S/D PHASE 2 PB K-33 LOT 1 OR 2226/1792 & OR 3080/1347
LevelsOne
Listing TermsCash, Conventional, FHA, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet9148
Lot Size UnitsSquare Feet
MLS Area32608 - Gainesville
Middle/Junior High SchoolKanapaha Middle School-AL
Minimum LeaseNo Minimum
Monthly HOA Amount83.33
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
Ok to Lease12 Months
OwnershipFee Simple
Patio/Porch FeaturesNone
Pets AllowedCats OK, Dogs OK, Yes
PossessionClose Of Escrow
Property ConditionCompleted
Property SubtypeQuadruplex
Property TypeResidential Income
RoofMetal
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NamePHOENIX SUB PH II NAPIER GRT
Tax Annual Amount8269.67
Tax Lot1
Tax Year2025
Tenant PaysElectricity, Sewer, Water
Total Actual Rent4400
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1983
ZoningPD
Exterior for 2321 SW 31ST PLACE
Building Area Total3360
Exterior AmenitiesNone, Sidewalk
Foundation DetailsSlab
Lot FeaturesCorner Lot, City Lot, Level, Near Public Transit, Sidewalk
Lot Size Acres0.21
Lot Size Area9148
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Water Meters4
Parking FeaturesOpen
Private PoolNo
Road Frontage TypeStreet Paved
Road Surface TypePaved, Asphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Jennifer Pereira
Broker Asociate®
