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Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $154
Subdivision Pine Forest Estate
MLS Listing ID O6210570
Sold Date 08/22/24
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1980
Annual Tax Amount $2,159
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Exciting investment opportunity in Pine Forest Estates, Gainesville! This income-generating duplex has a potential annual income of $31,200 and offers a prime location close to the University of Florida. Each unit features 840 heated square feet with 2 bedrooms and 1 bathroom. Nestled on a .2 acre lot, this property boasts a fully fenced backyard and no HOA restrictions, providing freedom and privacy. One of the units is beautifully remodeled and currently rented month-to-month for $1300. This duplex is perfect for those looking to live in one side while renting the other, optimizing mortgage leverage. Don’t miss out on this appealing investment close to major amenities and educational institutions!
Location
State FL
County Alachua
Community Pine Forest Estate
Zoning RMF5
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Thermostat
Heating Central
Cooling Central Air
Fireplace false
Laundry Inside, Laundry Room
Exterior
Exterior Feature Fence
Garage Driveway
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with MILLENNIUM REALTY CENTER LLC