Residential Property - Single Family Residence in Gainesville
Listing Price: $169,000 (Mortgage Calculator →)
Description of Property
Nestled just minutes from the University of Florida campus, this concrete-block charmer offers the ultimate turnkey opportunity for savvy investors seeking an immediate, hassle-free revenue stream. The property comes complete with a reliable, long-term tenant already in place, allowing you to bypass the traditional marketing and leasing phase and collect instant rental income from day one. Built to last, the durable concrete block construction provides excellent structural peace of mind and true Florida-proof dependability. High-ticket capital expenditures have already been addressed, highlighted by a young roof installed in 2019 and a reliable HVAC system from 2018, ensuring efficient climate control and lower maintenance costs for years to come. The interior features a highly functional layout designed to maximize rental appeal and tenant comfort. A large, inviting living room serves as the central hub for relaxation, entertainment, or student study sessions, while three spacious bedrooms offer private, roomy accommodations that remain consistently in high demand. Outside, a fully fenced backyard creates a private oasis perfect for pets, outdoor gatherings, or relaxing in a hammock under the Florida sun. Positioned under ten minutes from UF, this location is exceptionally convenient for students, university faculty, healthcare professionals, and anyone looking to eliminate long daily commutes. Please note that the listing photos have been virtually staged to showcase the property's full aesthetic potential. Preferred lender credit $500.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Gainesville
County: Alachua
Subdivision: Lake Ridge Sub
Bedrooms: 3
Bathrooms: 1
Sq. Ft. Gross: 1,072
Sq. Ft. Living Area: 936
Cost per (heated) sqare foot: $181
Year built: 1971
Annual Tax: $3,158
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Flooring: Tile
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Concrete
Foundation: Slab
Roof: Shingle
Exterior Features: None
Carport: Yes
Carport Spaces: 1
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
View: Garden
Sewer: Septic Tank
Water Source: Public
Lot Information
Lot Size (acres): 0.25
Lot Size (sq. ft.): 10,890 square feet
Front Exposure: East
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 10864077000
Zoning: R-1A
Tax Legal Desc.: LAKE RIDGE PB G-46 LOT 77 OR 4546/1481
Section: 1
Range: 20
Listing courtesy of RABELL REALTY GROUP, LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.