8010 SE US HIGHWAY 301 new Save Request In-Person Tour Request Virtual Tour
Hawthorne,FL 32640
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,771 sqft
Price per Sqft $188
Subdivision Hawthorne
MLS Listing ID 2080142
Bedrooms 1
Full Baths 5
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1952
Annual Tax Amount $2,499
Lot Size 4.130 Acres
Acres 4.13
Property Sub-Type Multi Family
Property Description
Welcome to an exceptional investment opportunity in Hawthorne, FL, offering a remarkable yearly ROI of 11.52% at a competitive purchase price of $899,900. This 14-unit multi-family property, comprising four 1-bedroom/1-bath units and ten studio apartments, promises substantial revenue potential with the addition of coin laundry facilities, finishing 2 unfinished 1/1 unit and mobile home/RV lots. Anticipate a market value increase to $1,050,000 by Year 2. The property is conveniently connected to city water and sewer services. All 12 completed units are fully occupied and have undergone extensive renovations, featuring new windows on two buildings, new front doors, laminate flooring, toilets, ceiling fans, and bathroom lighting. The property also boasts a new roof, appliances (including fridges, microwaves, and hotplates), outlets, switches, water heaters, and AC units in all units. This turnkey property is an investor's dream!
Location
State FL
County Alachua
Community Hawthorne
Area 731-Hawthorne-North Of Sr-20
Direction From SR 20 head south on HWY 301.
Rooms
Other Rooms Shed(s)
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Laminate,Tile,Vinyl,Wood
Exterior
Exterior Feature Impact Windows
Parking Features Additional Parking,Circular Driveway,Guest,Off Street,Parking Lot,Shared Driveway,Varies by Unit
Utilities Available Cable Available,Electricity Available,Electricity Connected,Sewer Available,Sewer Connected,Water Available,Water Connected
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description Cleared,Few Trees,Irregular Lot,Many Trees,Wooded
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Structure Type Block,Concrete,Frame,Wood Siding
New Construction No
Others
Tax ID 19917-001-000
Security Features Closed Circuit Camera(s),Security Lights,Smoke Detector(s)
Acceptable Financing Cash
Listing Terms Cash