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811 NE 20th St Gainesville, FL 32641
811, Northeast 20th Street, City of Gainesville Municipal Boundaries, Alachua County, Florida, 32641, United States
SOLD! $84,990 - Duplex
1416 Sq Ft 4 Bedrooms 2 Bathrooms

Additional Details

  • Ideal Investment Strategy: Rental/Resale
  • Potential ARV: $175,000-$200,000
  • Estimated Rehab: $40,000-$60,000
  • Comparable Rent: $1,400
  • Construction: CBS
  • Occupancy: Call your Agent!
  • Comp 1: 920 NE 5th Pl - Duplex - 2/1's with 1,767 total living sq/ft - Dated Rental Condition - Sold 10/2020 $225k
  • Comp 2: 1905 NE 21st Pl - Duplex - 2/1's - Sold 01/2021 $200k
  • Comp 3: 1942 NE 17th Way - Duplex - 2/1's with 1,728 total living sq/ft- Sold 07/2021 $175k
  • Comp 4: 1756 NE 8th Ave - Duplex - 2/1's - Distressed - Investor bought $73,500
  • Rehab Description: For resale/rental, the exterior of the building will most likely need a new roof, replacement of a few windows, paint, and minor landscaping. Both units will need a complete remodel. Kitchens, bathrooms, flooring, drywall, plumbing maintenance, and adding central A/C should all be considered.
  • Features: Located on the east side of Gainesville just 10 minutes from UF's campus, this concrete block duplex would make the perfect buy and hold for years to come. Offered vacant at closing and a clean slate to rehab, this multi-family offers two units consisting of 2 bedrooms and 1 bathroom each. With limited inventory available you won't want to miss this opportunity!
  • Important Details: --> 2/1 units with 708 living sq/ft each. --> Separate meters.
  • Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab
Property Location