Here’s a concrete block duplex located near downtown Gainesville and minutes from University of Florida. Each unit consists of 2 bedrooms and 1 bathroom and are separately metered for electric and water. The units are ducted for central air however each are utilizing wall units currently. Both units are occupied well below market rates at $600 per month, one with a subsidized lease and the other on a month to month. Previous seller completed minimal repairs over the course of his ownership however everything is in decent condition. Once the units are updated and rents are increased to $900 to $1000 per side, the AYP is phenomenal. Check out this awesome location and contact us today.
Springhill, No HOA
Assignable
Est. Rehab: $26,500
Est. Monthly Rent: $1,900
- Address: SE 4th Ave, Gainesville FL 32601
- Price: $159,900
- Availability: Sold
- Listing Type: Duplex
- Bedrooms: 4
- Bathrooms: 2
- Total Square Feet: 1593
- Construction Type: Block
- Year Built: 1959