Property Description
This very well maintained duplex is located 3 minutes from the University of Florida in the heart of the Duckpond Historic District! Both units are 2 bedroom/1 bathroom with updated plumbing; currently operated as a short-term rentals, grossing $41,138.30 in the trailing 12 months. Large already cleared lot with plenty of room for development of additional units. Professionally managed, current management would like to continue their services for the incoming buyer. Net income is pro-forma estimate. This is a great opportunity for an investor, owner occupant buyer, and/or a developer.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.20 Acres
Roof Type: Shingle
Taxes: $3,275
Year Built: 1992
Square Feet: 1,560
Amenities
Living Room/Dining Room Combo
Stone Counters
Thermostat
Fence
Private Entrance
Private Yard
Storage
Feature Descriptions
Annual Net Income: 37862.33
Days on Site: 7
Directions: From the major intersection of University Avenue and Main Street in downtown Gainesville, head north on Main Street, turn left onto NW 5th Avenue; the property at 408 NW 5th Ave will be on your right.
Exterior: Frame, Wood Siding
Flood Zone Code: X
Flooring: Luxury Vinyl, Tile
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.2
Other Equipment: Private Entrance, Private Yard
Ownership: Fee Simple
Parking: Curb Parking, Driveway, Ground Level, Off Street, On Street
Parking Notes: Curb Parking, Driveway, Ground Level, Off Street, On S
Patio/Porch: Covered, Enclosed, Front Porch, Screened, Side Porch
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, Lock Box Coded
Special Sale Provisions: None
Utilities: Cable Connected, Electricity Connected
Water: Public
Water Access Y/N: No
Zoning: PD
Listed By / Shown By
Listed By
Agency Name: BRG REALTY VENTURES LLC
Agency Contact: 352-871-8324
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 2,277.96 per month $1,895.70 Principal & Interest $272.92 Property Tax $109.35 Homeowner's InsuranceChange Payment Information
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408 NW 5th Avenue | MLS# GC538961
This multi-family property located at 408 NW 5th Avenue , Gainesville, FL 32601 is currently listed for sale with an asking price of $374,900. Search Gainesville real estate on www.watsonrealtycorp.com today.