5320 Nw 20th Ct, Gainesville, Florida 32653

$550,000
$575,000

Overview

Property ID: HZGC521381

Quadruplex, Residential Income
Property Type

8
Bedrooms

8
Bathrooms

3720 Sqft
Area Size

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.

Address

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Address: 5320 NW 20TH COURT
City: Gainesville
State/county: FL
Zip/Postal Code: 32653
Country: US

Details

Updated on October 9, 2024 at 7:28 pm

Property ID HZGC521381
Price $550,000
Property Size 3720 Sqft
Land Area 0.3 Acres
Bedrooms 8
Bathrooms 8
Year Built 1987
Property Type Quadruplex, Residential Income
Property Status Closed

Additional details

Listing Terms Cash, Conventional
Roof Shingle
Utilities Water Connected, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water - Multiple Meters
Sewer Public Sewer
Cooling Central Air
Heating Central, Natural Gas
Flooring Carpet, Ceramic Tile, Luxury Vinyl
County Alachua
Property Type Residential Income
Parking Open, Off Street