• $395,000List Price
  • ActiveStatus
  • 27Number of Photos
  • 29.657142Latitude
  • 619 NW 7th AvenueAddress
  • NW 7th AvenueStreet
  • GainesvilleTown
  • FLState
  • 32601Zip
  • AlachuaCounty
  • ResidentialProperty Type
  • GC542022MLS Number
  • 5Bedrooms
  • 5Full Bath
  • 1,729Square Feet
  • 1930Year Built
  • 0.31Acreage

Listing Tools

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!

Location

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 22, 2026 1:05 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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