408 NW 5TH AVE, GAINESVILLE, FL, 32601
$374,900
Residential Income
Bedrooms
4
Bathrooms
2
Living Area
1,560 Sqft
Lot Size
8,712 Sqft
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 Details
Property Features Property Features
MLS ID: MFRGC538961 Year Built: 1992
Construction Materials: Frame, Wood Siding Cooling: Central Air
Country: US County Or Parish: Alachua
Exterior Features: Fence, Private Entrance, Private Yard, Storage Flooring: Luxury Vinyl, Tile
Foundation Details: Block Heating: Central
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, FHA, VA Loan Other Equipment: Private Entrance, Private Yard
Parking Features: Curb Parking, Driveway, Ground Level, Off Street, On Street Patio And Porch Features: Covered, Enclosed, Front Porch, Screened, Side Porch
Property Sub Type: Duplex Property Type: Residential Income
Road Surface Type: Asphalt Roof: Shingle
Sewer: Public Sewer Showing Requirements: Call Listing Agent, Lock Box Coded
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Cable Connected, Electricity Connected
Water Source: Public
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