$549,000
Pending · 104 days on market · MLS# MFRGC539342
| Bedrooms | 5 |
|---|---|
| Bathrooms | 3 |
| Living area | 2,768 sq ft |
| Lot size | 0.27 acres |
| Year built | 1947 |
| Property type | Single Family Residence |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $8,986 |
| County | Alachua |
Exceptional investment opportunity just blocks from the University of Florida. This 5-bedroom, 3-bathroom property is perfectly positioned for consistent rental demand and long-term appreciation in one of Gainesville’s most sought-after locations. Currently leased at $4,000/month through July 2027, this property offers immediate, stable cash flow with minimal downtime—making it an ideal turnkey addition to any portfolio. The home features a spacious layout with a combined living and dining area, a functional kitchen, and durable tile flooring throughout for low maintenance. Situated on over a quarter-acre lot, the property provides ample outdoor space—an added bonus for tenants in this high-demand area. A garage conversion completed in 2020 expanded the home to include an additional bedroom and bathroom, maximizing rental potential and overall value. Whether you’re looking to secure steady income or own a prime piece of property near campus, this is a rare opportunity to invest in a location that consistently performs.
Listing courtesy of Jamie Williams, CORNERSTONE REALTY & MANAGEMENT SERVICES LLC. Presented by MC Homes Realty Inc · 727432218.