4048 NW 12th Ave Gainsville FL 32605
1957 Year Built
Lot Size 12,632
Ideas for investors:
Great for Buy and Hold investors or Fix and Flip.
Centrally located 6min away from UF college, two minutes away from shopping plaza 3 minutes away from park. Great school district. Six min away from the mall, hospital, and highway 75.
5/2 2094 sq ft heated and cooled with an additional 500 sqft that can be used to add a third bath and convert the 5th bedroom into a master suite. Potential to extend the current master into the porch with access to a massive 10ft pool. Big Backyard Great entertainment space.
Rent: 2500-3000k month
Yearly gross rent: $30,000-$36,000
(min $500 per bedroom) potential two master suites.
COC return : 46%
Est Cap Rate: 10-15%
Available on 03.10.2020
Don’t let this excellent opportunity pass you by! Get it yours now!
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The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the property at the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement