2618 NE 10TH TER, GAINESVILLE, FL, 32609
$150,000
Residential
Bedrooms
3
Bathrooms
1
Living Area
1,010 Sqft
Lot Size
9,148 Sqft
seller to install brand new roof prior to closing!! Investor Special: Discover a rare cash-only opportunity at 2618 NE 10th Terrace in Northeast Gainesville — a solid, block-on-slab 3-bedroom, 1-bath, 1,010SF home priced to reflect the updates (paint, bathroom, floors, kitchen) needed for immediate upside. With updated windows already in place, 2016 AC, and rental pro forma of $1,800/month post-renovation, this property delivers strong cash-flow potential in a rapidly appreciating market. Ideally situated just minutes from the University of Florida’s East Campus, UF main campus, Butler Plaza’s 150+ shops and restaurants, and Gainesville Regional Airport, residents enjoy unparalleled convenience. Outdoor enthusiasts will relish easy access to Paynes Prairie Preserve State Park (10-minute drive for hiking, wildlife viewing, observation tower), Kanapaha Botanical Gardens (15 minutes; home to Florida’s largest public bamboo garden), Devil’s Millhopper Geological State Park (12 minutes), and the Gainesville-Hawthorne State Trail (5 minutes) for biking and walking adventures. Comparable block homes in the neighborhood command $200K+, making this buy-and-hold rental an exceptional value play with upside. Schedule your showing today and secure a turnkey investment poised for both cash flow and appreciation.
Property Details
Property Features Property Features
MLS ID: MFRTB8362894 Year Built: 1960
Appliances: Dishwasher, Dryer, Range, Refrigerator Construction Materials: Block
Cooling: Central Air Country: US
Direction Faces: East Exterior Features: Storage
Flooring: Laminate, Tile Foundation Details: Slab
Heating: Central Laundry Features: Laundry Closet, Other
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash Lot Features: Paved
Occupant Type: Vacant Possession: Close Of Escrow
Property Condition: Fixer Property Sub Type: Single Family Residence
Property Type: Residential Road Responsibility: Public Maintained Road
Road Surface Type: Concrete Roof: Shingle
Sewer: Public Sewer Showing Requirements: Call Listing Agent
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Public
Water Source: Public
Rooms Rooms
Kitchen: 8x12 ft Living Room: 10x16 ft
Primary Bedroom: 14x13 ft
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