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Ryan Ditmar

ryan@lineagere.com +1(407) 497-4717

$ 333,900

Est. payment | -/mo

4 Beds

2 Baths

1,700 SqFt

Save

$ 333,900

Est. payment | -/mo

Save

4 Beds

2 Baths

1,700 SqFt

Key Details

Property Type Multi-Family, Duplex

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,700 sqft

Price per Sqft $196

Subdivision Chula Vista Park

MLS Listing ID GC543935

Bedrooms 4

HOA Y/N No

Year Built 1967

Annual Tax Amount $5,661

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Duplex

Source Stellar MLS

Property Description

OUTSTANDING DUPLEX INVESTMENT OPPORTUNITY! Tenants appreciate this highly desirable northwest Gainesville location where they can walk to Magnolia Park, Hunter's Crossing, Timber Village and MetroCorp for shopping, dining, banking and medical offices. And, the bus stop is located right out front. This duplex has had the same owner and been professionally managed for the last 27 years! Currently Unit A is occupied by a long-time tenant paying a below-market rent of $800 per month with the lease running through June 30th, 2027. Unit B is paying $1,300 per month and leased through January 31st, 2027 and will likely renew. Market rent for this area is $1,300 - $1,400 per month so there's plenty of upside potential in Unit A. This small neighborhood of duplexes has always had excellent tenant demand with no trouble maintaining 100 percent occupancy. Roof: 2024; Unit A HVAC interior unit replaced in 1999 and exterior unit replaced in 2009; Unit B HVAC: 2009; Water Heaters: Unit A: 2003; Unit B: 2007. Tenants pay electric, water and sewer. Owner is responsible for landscape maintenance. There is no HOA.

Location

State FL

County Alachua

Community Chula Vista Park

Area 32606 - Gainesville

Zoning R-2

Rooms

Other Rooms Inside Utility

Interior

Interior Features Other

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Tile, Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Dishwasher, Disposal, Range, Refrigerator

Laundry Laundry Room

Exterior

Exterior Feature Fence

Parking Features Driveway

Utilities Available BB/HS Internet Available, Cable Available, Public

View Y/N No

Water Access No

Roof Type Shingle

Porch Patio

Garage false

Private Pool No

Building

Lot Description Level, Paved

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Listed by Jeff Tice BHHS FLORIDA REALTY

NEARBY SCHOOL & BUSINESS

+1(407) 497-4717

ryan@lineagere.com

9209 Reymont Street, Orlando, FL 32827, United States

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3823 NW 45TH ST Gainesville, FL 32606