Residential Income in GAINESVILLE

$220,000

1509 5TH AVE, 32641, GAINESVILLE, FL

UNDER OFFER

Residential Income for sale in GAINESVILLE, 1509 5TH AVE, 32641, 1587 m²

1509 5TH AVE, 32641, GAINESVILLE, FL

$220,000

12Bed
4Bath
1587
Type: Residential Income

Description

Under contract-accepting backup offers. 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.

Location

1509 5TH AVE, 32641, GAINESVILLE, FL

Data

Object TypeResidential Income
Purchase Price$220,000
Living Space1587 m²
Plot Size1133.14 m²
Bathrooms4
Construction Year1980
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeElectric
Primary Energy SourceN/A
Construction Year1980
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent