DUPLEX CASH COW INVESTMENT OPPORTUNITY!

Alachua County, Gainesville, FL, 32609
Sold
Listed at: December 5th, 2022
Price
$109,990
ARV
$220,000
Gross Margin
$110,010
Sq. Footage
1816
Type
Multifamily
Parking
Unassigned
Year build
1935
Lot size
0.17 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Rehab / Notes

Great Rental opportunity in Gainesville! This duplex features two detached units. Front House is a 2 bedroom 1 bathroom and back house is 1 bedroom 1 bathroom. Back house features 2 stories with a deck in the rear. This unit has a ton of potential and is only awaiting an investor's touch to bring it back to life. With limited inventory in the immediate area, this property will not last. Property will need a full rehab. A new roof will need to be installed. The kitchens will need to be fully updated and new appliances will need to be installed. The bathrooms will need to be fully remodeled. New flooring is needed throughout both units and subfloor repair is likely needed. A few windows will need to be replaced. A central AC system will need to be installed for both units. A fresh coat of interior and exterior paint will need to be applied. Landscaping is needed.


Disclaimer: Please do your own due diligence. House is being sold as-is, information is deemed reliable but not always accurate. Property Values and Repairs are based on ballpark estimates and not definitive, please consult with an appraiser or general contract for more definitive numbers.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Francesco

No reviews

Disposition manager