3823 NW 45TH ST, GAINESVILLE, FL, 32606
$333,900
Residential Income
|
Bedrooms
4
|
Bathrooms
2
|
Living Area
1,700 Sqft
|
Lot Size
10,454 Sqft
|
OUTSTANDING DUPLEX INVESTMENT OPPORTUNITY! Tenants appreciate this highly desirable northwest Gainesville location where they can walk to Magnolia Park, Hunter’s Crossing, Timber Village and MetroCorp for shopping, dining, banking and medical offices. And, the bus stop is located right out front. This duplex has had the same owner and been professionally managed for the last 27 years! Currently Unit A is occupied by a long-time tenant paying a below-market rent of $800 per month with the lease running through June 30th, 2027. Unit B is paying $1,300 per month and leased through January 31st, 2027 and will likely renew. Market rent for this area is $1,300 - $1,400 per month so there’s plenty of upside potential in Unit A. This small neighborhood of duplexes has always had excellent tenant demand with no trouble maintaining 100 percent occupancy. Roof: 2024; Unit A HVAC interior unit replaced in 1999 and exterior unit replaced in 2009; Unit B HVAC: 2009; Water Heaters: Unit A: 2003; Unit B: 2007. Tenants pay electric, water and sewer. Owner is responsible for landscape maintenance. There is no HOA.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRGC543935 | Year Built: | 1967 | |
| Appliances: | Dishwasher, Disposal, Range, Refrigerator | Construction Materials: | Block | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Alachua | Exterior Features: | Fence | |
| Financial Data Source: | Owner | Flooring: | Carpet, Tile, Vinyl | |
| Foundation Details: | Slab | Furnished: | Unfurnished | |
| Heating: | Central, Electric | Laundry Features: | Laundry Room | |
| Lease Term: | Twelve Months | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional, FHA, VA Loan | |
| Lot Features: | Level, Paved | Other Structures: | Shed(s) | |
| Parking Features: | Driveway | Patio And Porch Features: | Patio | |
| Pets Allowed: | Yes | Property Sub Type: | Duplex | |
| Property Type: | Residential Income | Road Responsibility: | Public Maintained Road | |
| Road Surface Type: | Asphalt | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Call Listing Agent | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Tenant Pays: | Electricity, Sewer, Water | |
| Utilities: | BB/HS Internet Available, Cable Available, Public | Water Source: | Public | |
We love to hear from you