1511 & 1509 NE 5TH AVE, GAINESVILLE, FL, 32641
$220,000
Residential
Bedrooms
4
Bathrooms
2
Living Area
1,587 Sqft
Lot Size
12,197 Sqft
Investors!!! Priced to Sell!!! This NE Gainesville duplex offers a turnkey opportunity for investors seeking immediate cash flow in a high-demand rental market. Unit Configuration: Two identical units, each featuring 2 bedrooms, 1 bathroom, a flex room, a living room, and a full kitchen. Low-maintenance flooring with tile floors—no carpets. Size: Approximately 793.5 sq. ft. each side (1,587 total sq. ft.). Outdoor Space: Oversized backyard that backs directly onto a public playground, providing a rare amenity for families. Fully fenced in. Immediate Income: Both units are currently occupied, allowing for a seamless transition of rental revenue. Prime Location: Proximity to downtown Gainesville, local schools, and major shopping centers ensures long-term tenant desirability. Growth Area: Gainesville's steady rental market is bolstered by its proximity to the University of Florida and regional medical centers. This property is priced right and sold as is! Bring all offers.
Property Details
Property Features Property Features
MLS ID: MFRGC539885 Year Built: 1980
Appliances: Electric Water Heater, Range, Refrigerator Construction Materials: Block
Cooling: Central Air Country: US
County Or Parish: Alachua Direction Faces: Northeast
Exterior Features: Private Entrance, Private Mailbox, Private Yard Flooring: Tile, Vinyl
Foundation Details: Slab Furnished: Unfurnished
Heating: Electric Laundry Features: None
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Lot Features: Cleared, Paved
Occupant Type: Tenant Other Equipment: Private Entrance, Private Yard
Pets Allowed: Cats OK, Dogs OK Property Sub Type: Half Duplex
Property Type: Residential Road Surface Type: Paved
Roof: Shingle Sewer: Public Sewer
Showing Requirements: 24 Hour Notice, Appointment Only, Call Listing Agent, Guard Dog, See Remarks, ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Connected, Sewer Connected, Underground Utilities View: Park/Greenbelt
Water Source: Public
Rooms Rooms
Primary Bedroom: Bathroom 1:
Kitchen: Living Room:
We love to hear from you