$550,000 for Sale
5320 nw 20th court , gainesville, FL 32653
| Beds 8 | Baths 8 | 3,720 Sqft | 0.30 Acres |
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Property Description
Discover and investment gem nestled on a cul-de-sac in NW Gainesville! This full leased quadruplex offers a prime opportunity for passive income. With a newly installed roof in September 2023, hard surface flooring throughout the downstairs of each unit, maintenance is minimized while tenant satisfaction is maximized. Each townhouse features 2 bedrooms and 1.5 bathrooms of well-maintained living area. Conveniently located near amenities and with easy access to major thoroughfares, this quadruplex presents a savvy investment opportunity in a sought-after locale. Property was originally 4 separate parcel numbers, built and designed to be sold off individually. Current seller combined the units into one tax parcel and formed and HOA for these 4 units, which is included. Units should be able to be divided, should an investor wish to purchase as a whole and sell off individually. Don't miss out on this turnkey income generator.
General Information
Sale Price: $550,000
Price/SqFt: $148
Status: Active
MLS#: GC521381
City: gainesville
Post Office: gainesville
County: Alachua
Subdivision: sweetwater pines
Acres: 0.3
Lot Dimensions: IRREGULAR
Bedrooms:8
Bathrooms:8
House Size: 3,720 sq.ft.
Acreage: 0.3 est.
Year Built: 1987
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road: Paved
Garage: No
Construction: Vinyl Siding, Brick
Exterior Misc: Other
Basement: No
Foundation : Slab
Appliances: Dishwasher, Electric Water Heater, Gas Water Heater, Range, Range Hood, Refrigerator
Cooling: Central Air
Heating: Central, Natural Gas
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $4,984
Legal Description: SWEETWATER PINES PB K-87 SWEETWATER PINES CONDO LOT 11 OR 1369/499 UNITS A B C AND D WITH EACH UNIT HAVING 25% INT IN COMMON AREA OR 2287/2144
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Alicia Phillips of CARL TURLINGTON REAL ESTATE, Phone: 352-372-9525
