203 Nw 15th Street, Gainesville, FL 32603
- $2,000,000
- 4,433
- SqFt
- List Price
- $2,000,000
- Status
- Active
- Days on Market
- 240
- MLS#
- GC535966
- Property Style
- Multi-Family 5+
- Year Built
- 1920
- Living Area
- 4,433
- Lot Size
- 15,246
- Acres
- 0.35
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Brown B W Orrs Sub
- MLS Area Major
- Gainesville
Property Description
Incredible Investment Opportunity – 8-Unit Portfolio Just TWO Blocks From UF! This prime-location portfolio offers unbeatable walkability to the University of Florida—just a short stroll from campus—and sits within the highly desirable U5 zoning district, opening the door to strong long-term value. All 8 units are fully leased through July 2027, providing immediate, stable income from day one. Property Highlights- Six (6) One-Bed/One-Bath Units, Each unit includes a full kitchen, living area, and a private bathroom & In-unit washer & dryer, stylish LVP flooring throughout. Each apartment has one assigned parking space per unit These are clean, efficient layouts that stay rented with ease. The corner Duplex (Two 1/1 Units) features a spacious living/dining combo, full kitchen, and private bath & one parking space per unit Fantastic visibility on the corner lot This rare offering is perfect for investors looking to grow their Gainesville portfolio with solid cash flow, premium location, and built-in stability. Properties this close to UF—with strong leases in place—don’t hit the market often!
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Additional Information
- Taxes
- $33237
- Annual Gross Income
- 110000
- Community Features
- No Deed Restriction
- Zoning
- RMU
- Interior Layout
- Other, Window Treatments
- Interior Features
- Other, Window Treatments
- Utilities
- Public
- Heating
- Central
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- Block, Other, Frame
- Exterior Features
- Sidewalk
- Roof
- Shingle
- Foundation
- Crawlspace, Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 14925-000-000
- Legal Description
- ORR S/D PB A-76 LOTS 7 8 & 9 BK 3 OR 5043/2443
Listing courtesy of CORNERSTONE REALTY & MANAGEMENT SERVICES LLC. 352-278-4648
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