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Majestic Oaks Realty
3823 Nw 45th Street, Gainesville, FL 32606
- $333,900
- 4
- BD
- 2
- BA
- 1,700
- SqFt
- List Price
- $333,900
- Status
- Active
- Days on Market
- 0
- MLS#
- GC543935
- Property Style
- Duplex
- Year Built
- 1967
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,700
- Lot Size
- 10,454
- Acres
- 0.24
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Chula Vista Park
- MLS Area Major
- Gainesville
Property Description
OUTSTANDING DUPLEX INVESTMENT OPPORTUNITY! Tenants appreciate this highly desirable northwest Gainesville location where they can walk to Magnolia Park, Hunter’s Crossing, Timber Village and MetroCorp for shopping, dining, banking and medical offices. And, the bus stop is located right out front. This duplex has had the same owner and been professionally managed for the last 27 years! Currently Unit A is occupied by a long-time tenant paying a below-market rent of $800 per month with the lease running through June 30th, 2027. Unit B is paying $1,300 per month and leased through January 31st, 2027 and will likely renew. Market rent for this area is $1,300 - $1,400 per month so there’s plenty of upside potential in Unit A. This small neighborhood of duplexes has always had excellent tenant demand with no trouble maintaining 100 percent occupancy. Roof: 2024; Unit A HVAC interior unit replaced in 1999 and exterior unit replaced in 2009; Unit B HVAC: 2009; Water Heaters: Unit A: 2003; Unit B: 2007. Tenants pay electric, water and sewer. Owner is responsible for landscape maintenance. There is no HOA.
Additional Information
- Minimum Lease
- No Minimum
- Annual Gross Income
- 25200
- Location
- Level, Paved
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- R-2
- Interior Layout
- Other
- Interior Features
- Other
- Floor
- Carpet, Tile, Vinyl
- Appliances
- Dishwasher, Disposal, Range, Refrigerator
- Utilities
- BB/HS Internet Available, Cable Available, Public
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Fence
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Driveway
- Pets
- Allowed
- Flood Zone Code
- A*
Listing courtesy of BHHS FLORIDA REALTY. Contact: 352-225-4700
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