159900.00 $US gainsville florida Gainesville

Published date: January 9, 2021
  • Location: Gainesville, Gainesville, Gainesville, Florida, United States

Renegotiated! Gainesville Duplex

4 bed / 2 bath 1,593 sq ft Built in 1959

Gainesville, FL

Here’s a concrete block duplex located near downtown Gainesville and minutes from University of Florida. Each unit consists of 2 bedrooms and 1 bathroom and are separately metered for electric and water. The units are ducted for central air however each are utilizing wall units currently. Both units are occupied well below market rates at $600 per month, one with a subsidized lease and the other on a month to month. The previous seller completed minimal repairs over the course of his ownership however everything is in decent condition. Once the units are updated and rents are increased to $900 to $1000 per side, the AYP is phenomenal. Check out this awesome location

Investor Price

$159,900

Retail Value

$250,000

Rehab Level

Light-Moderate


ap d 23

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