619 Nw 7th Ave, Gainesville, Florida 32601
- $395,000
Overview
- Single Family Residence, Residential
- 5
- 5
- 1806 Sqft
Description
Welcome to this RARE opportunity to own a fully occupied, cash-flowing investment property just one mile from the University of Florida! This property offers a total of 5 bedrooms and 5 bathrooms with over 1, 700 square feet of heated and cooled living space and is currently generating $4, 200 per month in gross rental income. The main home features 4 bedrooms and 4 full bathrooms, while the attached studio offers a separate private entrance, full bathroom, and kitchenette – the perfect setup for a short-term rental opportunity. Step inside the main home and you’ll appreciate the newly installed luxury vinyl plank flooring, fresh interior paint, updated fixtures, and a beautifully renovated kitchen complete with shaker-style cabinetry, granite and butcher block countertops, and stainless steel appliances. All five bathrooms have also been tastefully renovated. Additionally, the studio has been updated with a refreshed kitchenette, new LVP flooring, fresh paint, and a gorgeously renovated bathroom. Additional updates include: new water heater, new HVAC system, new mini split in studio, and a newer roof (2023). Listed at $395, 000, this property exceeds the 1% rule many investors are after, making it an attractive opportunity for anyone looking to add a strong income-producing property to their portfolio. Give us a call today to schedule a private tour!
Address
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Address: 619 NW 7TH AVENUE
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City: Gainesville
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State/county: FL
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Zip/Postal Code: 32601
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Country: US
Details
Updated on July 22, 2026 at 10:48 am-
Property ID HZGC542022
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Price $395,000
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Property Size 1806 Sqft
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Land Area 0.31 Acres
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Bedrooms 5
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Bathrooms 5
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Year Built 1930
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Property Type Single Family Residence, Residential
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Property Status Active
Additional details
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Listing Terms Cash, Conventional
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Roof Metal
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Utilities Electricity Connected, Water Connected
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Sewer Public Sewer
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Cooling Central Air, Mini-Split Unit(s)
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Heating Natural Gas
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Flooring Luxury Vinyl
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County Alachua
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Property Type Residential
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Elementary School Carolyn Beatrice Parker Elementary
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Middle School Westwood Middle School-AL
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High School Gainesville High School-AL
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