$59,000 | 4 Beds – 2 Baths | 1,061 Sq. Ft. | Frame House in Gainesville, FL

1433 NE 1st Ave, Gainesville, FL 32641, USA

For Sale $59. 00
  • Bedrooms 4
  • Bathrooms 2
  • Sq Feet 1061 sq ft

Property Description

1433 NE 1st Ave Gainesville, FL 32641

Excellent Cash Flowing Rental Opportunity! 4 Bed, 2 Bath (Property Appraiser has it listed as a 2 Bed, 1 Bath) with updated plumbing and new windows that comes with a double sized lot. This property can rent from about $750 to $1100 per month with an ROI of 8% to 15% on a cash purchase. It can rent on the higher end if you put about $5 to $10K into painting interior/exterior, insulation, and drywall install in the kitchen. Surrounding properties have been updated and value and demand of this location is expected to increase!

DO NOT DISTURB TENANT! Tenant is living there month to month and is currently in the process of moving out and as you can see, has a lot of stuff in the property. Help with getting the tenant moved out can be negotiated.

I am a licensed Realtor in the state of Florida. Here are several nearby comps sold within the last year (only 2 and 3 Bed – 1 Bath Properties were found as there are not as many 4 Bed – 2 Bath Properties in the area):

COMPS

2128 NE 3rd Ave Gainesville, FL 32641
2 Bed – 1 Bath | 807 Sq Ft
Sold for $65,000 on 10/19/18
.
737 NE 23rd St Gainesville, FL 32641
3 Bed – 1 Bath | 960 Sq Ft
Sold for $75,000 on 8/15/18
.
1009 NE 24th St Gainesville, FL 32641
3 Bed – 1 Bath | 1,102 Sq Ft
Sold for $82,400 on 7/12/18
.
1567 NE 5th Pl Gainesville, FL 32641
2 Bed – 1 Bath | 840 Sq Ft
Sold for $90,000 on 1/7/19
DO NOT DISTURB TENANT! Tenant is living there month to month and is currently in the process of moving out and as you can see, has a lot of stuff in the property.
CALL TO SCHEDULE A SHOWING TODAY!

Phone: (954) 907-4964

 

Excellent Cash Flowing Rental Opportunity! 4 Bed, 2 Bath (Property Appraiser has it listed as a 2 Bed, 1 Bath) with updated plumbing and new windows that comes with a double sized lot. This property can rent from about $750 to $1100 per month with an ROI of 8% to 15% on a cash purchase. It can rent on the higher end if you put about $5 to $10K into painting interior/exterior, insulation, and drywall install in the kitchen. Surrounding properties have been updated and value and demand of this location is expected to increase!


DO NOT DISTURB TENANT! Tenant is living there month to month and is currently in the process of moving out and as you can see, has a lot of stuff in the property. Help with getting the tenant moved out can be negotiated.

I am a licensed Realtor in the state of Florida. Here are several nearby comps sold within the last year (only 2 and 3 Bed - 1 Bath Properties were found as there are not as many 4 Bed - 2 Bath Properties in the area):

COMPS

2128 NE 3rd Ave Gainesville, FL 32641
2 Bed - 1 Bath | 807 Sq Ft
Sold for $65,000 on 10/19/18
.
737 NE 23rd St Gainesville, FL 32641
3 Bed - 1 Bath | 960 Sq Ft
Sold for $75,000 on 8/15/18
.
1009 NE 24th St Gainesville, FL 32641
3 Bed - 1 Bath | 1,102 Sq Ft
Sold for $82,400 on 7/12/18
.
1567 NE 5th Pl Gainesville, FL 32641
2 Bed - 1 Bath | 840 Sq Ft
Sold for $90,000 on 1/7/19

DO NOT DISTURB TENANT! Tenant is living there month to month and is currently in the process of moving out and as you can see, has a lot of stuff in the property.

CALL 954-907-4964 TO SCHEDULE A SHOWING TODAY!

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