$915,000
Fully occupied 6-unit multifamily asset offering immediate cash flow with approximately $95,160 annual gross income and a straightforward operational footprint. Ideal for both new and experienced investors seeking stable returns in a growing North Florida market with predictable income and future upside through gradual rent increases and continued property improvements. Recent updates have been completed. The properties are situated on three separate but adjacent parcels within a non-HOA golf course community, offering tenants a desirable blend of privacy and convenience. Located just minutes from I-75, five exits north of Gainesville, and close to major retailers, restaurants, and everyday amenities. The property consists of three duplex buildings totaling six 2-bedroom, 1-bath units, each with laundry facilities. Two units include carports, four units have dedicated parking pads, and the property also features two detached garages. The 1.82-acre site is served by a shared well, with two buildings on septic systems and one building connected to city sewer. The property benefits from clean leases, a strong tenant base, and professional management. Current NOI is approximately $63,024, reflecting a 6.9% cap rate at the current asking price. Financial information and lease details are available upon request.
Hwy 90 West, Left on SW SR 247, Left on Leisure Dr, follow to duplexes on Left.
Ceiling Fans, Cable TV Available
Sale IncludesRefrigerator, Stove Elec
| MLS # | 131832 |
|---|---|
| Date Listed | 2026-06-11 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Duplex |
| Construction Stage | Existing Resale |
| Style | Single Story |
| Type | Brick |
| Days on Market | 41 |
| Zoning | RSF-2 |
| Florida Room | No |
|---|---|
| Design | Single Story |
| Floors | Other-See Remarks |
| Cooling | Central Electric |
| Heating | Central Electric |
| Windows | Aluminum |
| Type Utility | Room, In House |
| Carport | Yes |
| Golf Course | Yes |
| Construction | Brick |
|---|---|
| Exterior | Cable TV Available |
| Lot Size | Irregular sq ft |
| Acreage | 1.82 Acre |
| Parking | 2 Car, Carport, Driveway, Other-See Remarks |
| Porch Type | Front,Deck,Open Patio,Back |
| Roof | Metal |
| Sewer | Septic Tank |
| Water | Private Well |
| Area | 2-Sw. Us 90 - W. Us 441 Columbia |
|---|---|
| County | Columbia |
| City | Lake City |
| State | FL |
| Zip | 32025 |
| Flood Zone | X |
| Financing Terms | Cash, Conventional, Owner Finance |
|---|---|
| Homeowners Association | No |
| Association Special Assessment | No |
MLS# 131832
IDX information provided by the North Florida MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Susan Eagle
Daniel Crapps Agency, Inc
Listing updated July 10, 2026 at 4:48 pm
Last checked 9 minutes ago