3928 NW 20TH TERRACE
Gainesville, FL 32605
1668 sqft | 3 beds | 2 baths | 0.23 acres | #GC526295
Description
Under contract-accepting backup offers. Very nice 3 BR 2 BA pool home in NW Gainesville. Currently used as an AirBnB, this investment opportunity features an established property that has generated $60,939 so far this year (as of 12/9). Excellently located near the University of Florida, UF Health, VA, and HCA hospitals, the home includes 3 bedrooms, 2 baths, a pool, and a 1-car carport. It has been meticulously maintained and updated, boasting a remodeled kitchen with modern cabinetry, quartz countertops, and stainless steel appliances. The property also features tile flooring in the great room, dining area/bonus room, and all bedrooms. The pool is perfect for enjoying the summer days, and the roof was replaced in 2021. Also being offered as part of a 3 home portfolio package yielding over 18% CAP rate with gross income ($215,580 as of 12/9/24) offered at $1,150,000 via short term rentals in 2024. Ready for quick closing and immediate occupancy! Home comes fully furnished.
Property Details
- Utility FeaturesCable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Public, Sewer Avail
- InteriorCeiling Fans(s), Solid Surface Counters, Thermostat
- Lot DescriptionCity Limits, Landscaped, Level, Paved
- Elementary SchoolC. W. Norton Elementary School-AL
- High SchoolGainesville High School-AL
- Middle SchoolWestwood Middle School-AL
- Property SubtypeSingle Family Residence
- SubdivisionPARADISE SUB CONTD
- Exterior MaterialsSliding Doors
- Sewer InformationPublic Sewer
- Property TypePurchase
- Original List Price$350,000
- MLS #GC526295
- MLS #GC526295
- CountyAlachua
- Utility SourcePublic
- Taxes Annual$4,981
- Cost350000
- Acres0.23
- Square Feet1668
- Year Built1959
- FoundationSlab
- Days on Market (Cumulative)29
- Bedrooms3
- Bathrooms2
- Full Baths2
- Stories1
Location
Legal
IDX information is provided exclusively for 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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Carolyn Christian
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Jonathan Colon (#MFR259500568)
Listing Office: WATSON REALTY CORP (#MFR259500060)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
