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Property summary
The property is a multifamily setup with a main house containing six bedrooms, configured to allow individual room leasing if desired, and includes partial furnishings, a fully equipped kitchen with two refrigerators, and in-home laundry with a washer and dryer, along with other appliances. The main house has a metal roof that was updated in 2010 and features updated electrical service (200 amp panel) and updated plumbing throughout. In addition, there is a separate detached unit with approximately 1,300 sq ft of living space, consisting of one bedroom and one bathroom plus a loft area; it includes a functional kitchen, three wall-mounted air conditioning units, and a workshop area. The total property size is approximately 3,482 sq ft.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
established to implement the Comprehensive Plan, to promote orderly urban growth, and to classify and regulate the use of land, water, buildings and structures within the city: Transects U1 Urban 1 U2 Urban 2 U3 Urban 3…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Gainesville market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
U4 · Gainesville, FLestablished to implement the Comprehensive Plan, to promote orderly urban growth, and to classify and regulate the use of land, water, buildings and structures within the city: Transects U1 Urban 1 U2 Urban 2 U3 Urban 3…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
established to implement the Comprehensive Plan, to promote orderly urban growth, and to classify and regulate the use of land, water, buildings and structures within the city: Transects U1 Urban 1 U2 Urban 2 U3 Urban 3…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for U4 in Gainesville, FL.
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