GAINESVILLE, FL 🐊🍊 GREAT FLIP OPPORTUNITY 🤑💸 TOWER OAKS

Description

GAINESVILLE, FL 🐊🍊 GREAT FLIP OPPORTUNITY 🤑💸 TOWER OAKS
HIGHLIGHTS

🔥Ideal for investors, this property in the TOWER OAKS neighborhood of Gainesville, FL, presents a prime renovation opportunity. It features 2 bedrooms, 1.5 bathrooms, and 981 sqft of living space on a 0.07-acre lot. Significant upgrades needed include AC installation and roof repair, offering potential for substantial value addition. With an attached garage, central heating, and a private backyard with a privacy fence and enclosed porch, it’s ready for transformation. The property benefits from a low annual HOA fee, enhancing its appeal as an investment.🔥

DETAILS:
2 Bed/ 1.5 Bath
Year Built: 1981
981 sq ft
Lot Size: 3,049 SQ FT
MARKET RENT: $1,000+/M
Currently Rented for $800/M on a M2M, Can be Delivered VACANT

STARTING PRICE: $65K

ON MARKET COMPS

1957 SW 69th Dr, Gainesville, FL 32607- PENDING $140K

2bd/1ba – 788 sq ft

PENDING

1954 SW 69th Dr, Gainesville, FL 32607- PENDING $125K

2bd/1ba – 790 sq ft

PENDING

SOLD ARV

7006 SW 21st Ln, Gainesville, FL 32607- SOLD $125K

2bd/1ba – 790 sq ft

Sold 04/17/2023

7008 SW 18th Pl, Gainesville, FL 32607- SOLD $125K

2bd/1ba – 878 sq ft

Sold 05/12/2023

AS-IS COMPS

1921 SW 69th Dr, Gainesville, FL 32607- SOLD $120K

2bd/1ba – 788 sq ft

Sold 03/06/2024