Welcome to The Hodges House. Built in 1887 and retaining most of its original charm, this is a multifamily investment property like no other. You’ll be blown away by the incredible attention to detail and the timeless victorian architecture, including the one-of-a-kind turret, making this historic home feel more like a fairytail castle. As you walk across the curved front porch you’ll notice the original post office boxes still present by the front door. As you enter the grand hall, you’ll find original hardwood floors, soaring ceilings, and a charming fireplace. To the left is the first unit, and up the staircase you’ll find two more. Outside, and around the corner you’ll find a fourth unit with its own dedicated entrance. All units are 1 bedroom, 1 bathroom apartments with private kitchens and living rooms. However, no two are alike- each unit represents its own unique charm and character. Two of the units feature gorgeous, circular living spaces located within the turret. Currently, these units rent individually as short and mid term rentals, fetching $1900-2300 a month depending on season and length of stay. This has dropping property features on street property and is walking distance to downtown Gainesville, depot park, and so much more. This price includes the installation of a brand new roof prior to closing.
Investor Alert! Duplex on a private lot - No HOA. Each unit has 2BR/1BA (fully rented) with block construction. Spacious eat-in kitchen. Well maintained with private backyard. Laundry utility room in each unit. Unit 1 HVAC recently replaced. Unit 2 HVAC approximately 3yrs old.
Price Improvement! Unique Multi-Family Property with Development Potential 4 Units in a Triplex Designation Zoned Commercial & Residential Discover an incredible investment opportunity with this versatile multi-family property, perfectly positioned on a prime corner parcel near the University of Florida and UF Shands Hospital. Officially designated as a triplex, this property currently offers four income-producing units, making it a rare find with significant future use potential for developers. Property Highlights: Zoning: Commercial and Residential – offering flexible future use and development possibilities. Location: Situated close to UF and Shands, ensuring strong demand for rentals. Income: Consistent year-over-year income growth, with a net income of approximately $50,000 in 2023. 2024 is projected to exceed that figure. Layout & Features: Unit A: 1 bedroom, 1 bathroom apartment with dual entrances to the kitchen and living room. Unit B: 2 bedroom, 2 bathroom apartment with upgraded features. Unit C: Flexible configuration—currently divided into two 1 bedroom, 1 bathroom apartments (upper and lower levels) with separate entrances. Can be converted back to a 2 bedroom, 2 bathroom unit. Features French doors leading to a private back area. Utilities: Three separate GRU electrical meters for Units A, B and C. Water and Sewer for all units are on Unit C's GRU bill. Upgrades: New roof, electrical, and HVAC systems installed in 2019. Amenities: Three sheds on the property—one large and two smaller ones—plus extremely tall privacy fencing that surrounds half of the property. Rental Performance: Excellent short-term rental occupancy due to its prime location and updated amenities. This property is not only an immediate income generator but also a fantastic long-term investment with development potential. Whether you’re looking to expand your portfolio, capitalize on the booming rental market, or explore future development opportunities, this property offers it all. Don’t miss out on this exceptional investment in a high-demand area! Call me for a private showing!
This multi-family triplex is a one of kind investment opportunity for anyone looking for multiple living options, rental income, or an investment. This "Gem" is Located in a prime Gainesville location, where you will have easy access to all the best the city has to offer. This beautiful 0.34 acre parcel zoned Urban 2 Triplex is located near UF Health TraumaOne Trauma Center, VA Hospital, Santa Fe College Charles L. Blount Center, downtown Gainesville, the University of Florida campus and so much more!
The median home value in Gainesville, FL is $322,500. This is higher than the county median home value of $282,200. The national median home value is $338,100. The average price of homes sold in Gainesville, FL is $322,500. Approximately 33.52% of Gainesville homes are owned, compared to 50.95% rented, while 15.53% are vacant. Gainesville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gainesville real estate agent to arrange a tour today!
Gainesville, Florida 32601 has a population of 138,741. Gainesville 32601 is less family-centric than the surrounding county with 24.78% of the households containing married families with children. The county average for households married with children is 27.25%.
The median household income in Gainesville, Florida 32601 is $40,937. The median household income for the surrounding county is $53,314 compared to the national median of $69,021. The median age of people living in Gainesville 32601 is 26.8 years.
The average high temperature in July is 91.5 degrees, with an average low temperature in January of 41.3 degrees. The average rainfall is approximately 50.2 inches per year, with 0 inches of snow per year.