1509 Ne 5th Ave, Gainesville, FL 32641

$220,000
12
BD
4
BA
1,587
SqFt

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List Price
$220,000
Status
Pending
Days on Market
0
MLS#
GC542741
Property Style
Duplex
Year Built
1980
Bedrooms
12
Bathrooms
4
Living Area
1,587
Lot Size
12,197
Acres
0.28
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
New Gainesville
MLS Area Major
Gainesville

Property Description

Under contract-accepting backup offers. Investors!!! Priced to Sell!!! This NE Gainesville duplex offers a turnkey opportunity for investors seeking immediate cash flow in a high-demand rental market. Unit Configuration: Two identical units, each featuring 2 bedrooms, 1 bathroom, a flex room, a living room, and a full kitchen. Low-maintenance flooring with tile floors—no carpets. Size: Approximately 793.5 sq. ft. each side (1,587 total sq. ft.). Outdoor Space: Oversized backyard that backs directly onto a public playground, providing a rare amenity for families. Fully fenced in. Immediate Income: Both units are currently occupied, allowing for a seamless transition of rental revenue. Prime Location: Proximity to downtown Gainesville, local schools, and major shopping centers ensures long-term tenant desirability. Growth Area: Gainesville's steady rental market is bolstered by its proximity to the University of Florida and regional medical centers. This property is priced right and sold as is! Bring all offers.

Additional Information

Taxes
$2909
Minimum Lease
No Minimum
Location
Paved
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RC
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Tile, Vinyl
Appliances
Electric Water Heater, Range, Refrigerator
Utilities
Electricity Connected, Sewer Connected, Underground Utilities
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Private Entrance, Private Mailbox, Private Yard
Roof
Shingle
Foundation
Slab
Pool
No Pool
Pets
Allowed
Flood Zone Code
x
Parcel ID
11391-000-000
Legal Description
New Gainesville PB A-65 Lots 5 6 BK 3 OR 4928/0093. Lots 5 and 6, Block 3, NEW GAINESVILLE, according to the map or Plat thereof as recorded in Plat Book A, Page 65, Public Records OF Alachua County, Florida

Listing courtesy of EXP REALTY LLC. 888-883-8509

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