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5320 NW 20th Court,  Gainesville FL, 32653

(Active)
$624,900
|
8 beds, 8 baths, 3,720 sqft
|
MLS# GC521381
Last Updated: 5/6/2024 4:06 AM
Description for 5320 NW 20th Court Gainesville, FL 32653
Discover and investment gem nestled on a cul-de-sac in NW Gainesville! This full leased quadruplex offers a prime opportunity for passive income. With a newly installed roof in September 2023, hard surface flooring throughout the downstairs of each unit, maintenance is minimized while tenant satisfaction is maximized. Each townhouse features 2 bedrooms and 1.5 bathrooms of well-maintained living area. Conveniently located near amenities and with easy access to major thoroughfares, this quadruplex presents a savvy investment opportunity in a sought-after locale. Property was originally 4 separate parcel numbers, built and designed to be sold off individually. Current seller combined the units into one tax parcel and formed and HOA for these 4 units, which is included. Units should be able to be divided, should an investor wish to purchase as a whole and sell off individually. Don't miss out on this turnkey income generator.
Price
$624,900
SWEETWATER PINES
Alachua
8
8
3,720 (approx)
GC521381
Active
Description
Discover and investment gem nestled on a cul-de-sac in NW Gainesville! This full leased quadruplex offers a prime opportunity for passive income. With a newly installed roof in September 2023, hard surface flooring throughout the downstairs of each unit, maintenance is minimized while tenant satisfaction is maximized. Each townhouse features 2 bedrooms and 1.5 bathrooms of well-maintained living area. Conveniently located near amenities and with easy access to major thoroughfares, this quadruplex presents a savvy investment opportunity in a sought-after locale. Property was originally 4 separate parcel numbers, built and designed to be sold off individually. Current seller combined the units into one tax parcel and formed and HOA for these 4 units, which is included. Units should be able to be divided, should an investor wish to purchase as a whole and sell off individually. Don't miss out on this turnkey income generator.
Listing Information
Property Type: Fourplex, Multi-Family, 2 Story
8 8
0.3 Acres 3,720 (approx) 1987
2 Brick,Vinyl siding
09//
SWEETWATER PINES
Slab
Public
Public Sewer
Natural Gas Available, Water Connected, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Neighborhood
Room Information
Inside, Laundry Closet, Electric Dryer Hookup, Washer Hookup
Interior Features
Dishwasher, Electric Water Heater, Gas Water Heater, Range, Range Hood, Refrigerator
Ceramic Tile, Carpet
Central Air
Gas Heat, Central
Smoke Detector(s)
Exterior / Lot Features
Open, Off Street
Brick, Vinyl
Deck
Shingle
IRREGULAR
RMF7
Other, Near Public Transit, Cul-De-Sac, Paved
Community Features
Smoke Detector(s)
Driving Directions
NW 13th Street to NW 55th Avenue. West on NW 55th Avenue to NW 20th Court. Left onto NW 20th Court - property is in culdesac on right.
Financial Considerations
07881-111-001
$4,984
Cash, Conventional
Listing Price History

Gainesville Real Estate

Gainesville is located in Florida. Gainesville, Florida 32653 has a population of 129,178.

The median household income in Gainesville, Florida 32653 is $64,728. The median household income for the surrounding county is $53,486 compared to the national median of $66,222. The median age of people living in Gainesville 32653 is 34 years.

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Courtesy: CARL TURLINGTON REAL ESTATE, 352-372-9525


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/6/2024 4:06 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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