Hawthorne, FL 32640,8010 SE US HIGHWAY 301
Hawthorne, FL 32640,8010 SE US HIGHWAY 301
Hawthorne, FL 32640,8010 SE US HIGHWAY 301
24
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$899,900
Est. payment /mo
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1 Bed
5 Baths
4,771 SqFt
New

8010 SE US HIGHWAY 301 Hawthorne, FL 32640

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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


Listed by US REALTY HUB

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agent

Demi Judd

Broker Associate | License ID: BK3509459

+1(904) 687-9075

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8010 SE US HIGHWAY 301