Gainesville, FL 32601

Great Rental Opportunity

Great townhouse in an area that is being revitalized by the city. This is a great 3 bedroom, 1.5 bathroom Townhouse, 1160 heated sqft, plus 200 sqft storage & screened porch, built in 1988. Currently vacant. This townhome is an end unit with laminate floors throughout, kitchen opens to the living area and the 1/2 bath is downstairs. The living area opens to a sliding glass door that leads to a screened porch with a laundry room off of porch. NO HOA. Approximately $15k in repairs to get rent ready. This has a lot of great potential as a cash flowing rental property. Good revitalization rental area of Gainesville, estimated 10%+ CAP Rate.

Actively selling TWO (side-by-side) townhomes in this subdivision,

and can sell individually or as a package, at $210,000 for both.

Gainesville, Florida

• Townhouse
• 3 bedrooms
• 1.5 baths
• 1160 SF heated, 1360 total.
• No HOA
• Built in 1988.
• Great Investor rental opportunity!
• Estimated $15k in rehab costs
• Selling as an As-Is property.

 Potential ARV $150,000+

Mthly Rent $1,500+

Sold "AS-IS"

Asking $113,000

Net to Seller