Twitter
Facebook
Email
|
Pre-Construction. To be built. For more than a decade, Eastwood Construction has been Gainesville's top developer of new homes walkable to the University of Florida and Downtown with a proven track record of building more than 100 profitable rental properties. With four bedrooms and four bathrooms, this model brings in $3400-$3500 per month in rental income and is centrally located biking distance to the University of Florida and Downtown Gainesville. This property is part of the first phase of development in this area, with more than 30 homes of similar quality planned, presenting a unique opportunity to invest in one of Gainesville's most promising neighborhoods. This particular lot will allow for ample off street parking with a strategically placed parking area and has a large green space in the rear of the property that provides for a peaceful and natural backyard. The 4/4 floor plan presents a CAP rate at 7.4% with a levereged return at almost 11% after all debts and management fees. No HOA or local restrictions make this an ideal short or long-term rental. Optional add-ons for detached apartment are a possibility. This home is being sold pre-construction and can be completed in 8 months making it an ideal investment for Fall 2025. Photos are of a previously constructed property of similar quality and layout.
| DAYS ON MARKET | 101 | LAST UPDATED | 8/14/2024 |
|---|---|---|---|
| TRACT | MCDOWALL'S | YEAR BUILT | 2025 |
| COMMUNITY | 32601 - Gainesville | COUNTY | Alachua |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Range, Range Hood, Refrigerator |
| AREA | 32601 - Gainesville |
| CONSTRUCTION | Cement Siding |
| EXTERIOR | Garden, Lighting |
| HEAT | Central, Electric |
| LOT | 2614 sq ft |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | MCDOWALL'S |
| TAXES | 297 |
| UTILITIES | Cable Available, Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected |
| WATER | Public |
| ZONING | U3 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Lorraine
Valdes to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Megan Atwater, SAGE REAL ESTATE, 352-219-2033
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/23/24 2:28 AM PST.
This IDX solution is (c) Diverse Solutions 2024.