Listing Details for MLS #GC538525
1420 Sw 42nd Street Unit B, Gainesville, Fl

Residential Property - Condominium in Gainesville

Listing Price: $120,000 (Mortgage Calculator →)Days on Market: 31

Description of Property

Price Reduced to $120,000 – Excellent Investment Opportunity! Well-positioned in an area with consistent rental demand just ~10 minutes from the University of Florida, this 2-bedroom, 1-bath condominium offers a compelling opportunity for investors or buyers seeking value in a convenient Gainesville location with easy access to shopping, dining, and major roadways. The property features a functional layout, private fenced backyard, and additional storage space, features not commonly found at this price point that may enhance tenant appeal. Interior includes wood flooring in the living areas and bedrooms, with tile flooring in the kitchen and bathroom for durability and ease of maintenance. Recent updates include HVAC (2021) and roof (2025), providing added value. Based on market estimates, potential monthly rental income may range from $1,100 to $1,300.The average asking price for a 2 bedroom/1 bath condominium in this Zip code is $144,163. This condominium is listed at about 83% of the average asking price. There are 8 2 bedroom/1 bath homes between $100,000 and $200,000 currently listed for sale in this Zip code. See other listings like this one »

Bedrooms: 2
Bathrooms: 1
Sq. Ft. Gross: 822
Garage: No
Carport: No