Address
5320 NW 20th COURT, GAINESVILLE, FL
Price
$ 624,900
Property Attributes
- MLS#GC521381
- TypeIncome
- CountyALACHUA
- CityGAINESVILLE
- AreaGainesville
- NeighborhoodSweetwater Pines
- Zip32653
- StyleQuadruplex
- Year Built1987
- Taxes$ 4984
- Price$ 624,900
- Bedrooms8
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage3720
- Lot Size0.3 Acres
Data Source:
Stellar MLS
Property Description
Discover and investment gem nestled on a cul-de-sac in NW Gainesville! This full leased quadruplex offers a prime opportunity for passive income. With a newly installed roof in September 2023, hard surface flooring throughout the downstairs of each unit, maintenance is minimized while tenant satisfaction is maximized. Each townhouse features 2 bedrooms and 1.5 bathrooms of well-maintained living area. Conveniently located near amenities and with easy access to major thoroughfares, this quadruplex presents a savvy investment opportunity in a sought-after locale. Property was originally 4 separate parcel numbers, built and designed to be sold off individually. Current seller combined the units into one tax parcel and formed and HOA for these 4 units, which is included. Units should be able to be divided, should an investor wish to purchase as a whole and sell off individually. Don't miss out on this turnkey income generator.
| Price History | |
|---|---|
| 4/22/2024 | Listed $624,900 |
General Features
| Interior Features | Ceiling Fan(s),Living Room/Dining Room Combo,PrimaryBedroom Upstairs |
|---|---|
| Sewer | Public Sewer |
| Heating | Central,Natural Gas |
| Cooling | Central Air |
| Utilities | Water Connected,Cable Available,Electricity Connected,Natural Gas Connected,Public,Sewer Connected,Water - Multiple Meters |
| Roof | Shingle |
| Appliances | Dishwasher,Electric Water Heater,Gas Water Heater,Range,Range Hood,Refrigerator |
| Exterior Features | Other |
| Zoning | RMF7 |
| Patio/Porch Features | Deck |
| Security Features | Smoke Detector(s) |
| Construction Materials | Vinyl Siding,Brick |
| Year Built | 1987 |
| Levels | Two |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| County | Alachua |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Subdivision Name | SWEETWATER PINES |
| Garage Y/N | No |
| Status | Active |
| Directions | NW 13th Street to NW 55th Avenue. West on NW 55th Avenue to NW 20th Court. Left onto NW 20th Court - property is in culdesac on right. |
| City | GAINESVILLE |
| Buyer Agent Compensation | 3% |
| Senior Community Y/N | No |
| Total Units | 4 |
| MLS Area | 32653 - Gainesville |
| Lot Size Square Feet | 14520 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | 20th |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 4984 |
| Public Remarks | Discover and investment gem nestled on a cul-de-sac in NW Gainesville! This full leased quadruplex offers a prime opportunity for passive income. With a newly installed roof in September 2023,hard |
| Ok to Lease | 12 Months |
| Virtual Tour | https://vimeo.com/manage/videos/727526902 |
| Days on Market | 2 |
| Standard Status | Active |
| Tax Lot | 11 |
| Legal Description | SWEETWATER PINES PB K-87 SWEETWATER PINES CONDO LOT 11 OR 1369/499 UNITS A B C AND D WITH EACH UNIT HAVING 25% INT IN COMMON AREA OR 2287/2144 |
| Water Access Type | Creek |
| Minimum Lease | No Minimum |
| Additional Rooms | Inside Utility |
Interior Features
| Flooring | Carpet,Ceramic Tile,Luxury Vinyl |
|---|---|
| Furnished Y/N | Unfurnished |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | COURT |
| Laundry Features | Inside,Laundry Closet,Electric Dryer Hookup,Washer Hookup |
| Total Bedrooms | 8 |
| LivingAreaSource | Public Records |
| Total Baths | 8 |
| Living Area Units | Square Feet |
Exterior Features
| Parking Features | Open,Off Street |
|---|---|
| Lot Features | Near Public Transit,Street Dead-End,Cul-De-Sac,City Lot |
| Water Source | Public |
| Lot Size Area | 14520 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 3720 |
| Lot Dimensions | IRREGULAR |
| Lot Size Acres | 0.3 |
| Road Surface Type | Paved |
| Lot Size Units | Square Feet |
| Road Frontage Type | Street Dead-End,Street Paved |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 32653
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 5, 2024 7:13 AM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
