111 SW 23RD TERRACE GAINESVILLE, FL 32607

$649,000

5 Beds

3 Baths

2588 sqft

Property Details

MLS#

GC540145

Type

Single Family Residence

Status

Active Listing

Square Footage

2,588

Bedrooms

5

Bathrooms

3 full

Year Built

1956

Tax Amount

$10,102

Property Description

Absolutely unmatched location directly across from UF's Law School, this investment home is currently leased through July 2026 for $4,000/month. Renewal lease through July 2027 signed at $4,200/month. This 5-bedroom 3-bathroom home is concrete block, with a large deck and backyard concrete/basketball court area. Tenants pay all utilities. This is an ideal purchase for alumni, or a parent of a future student at UF, an investor looking to park safe money, or a future homeowner who likes to be in the middle of the action. 48 Hour notice required prior to touring property. The owner of this single-family investment also owns the investment home two doors down at 21 SW 23rd Terrace (see attached marketing flyer showing both). Additional flyer with supporting sales comps and seller financing terms also in attachments.

Amenities

Cooling:Central Air

Private Yard

Sidewalk

Sliding Doors

Ceiling Fan(s)

Eating Space In Kitchen

Stone Counters

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