Status
Market MatchUP
How this home compares to similar 4 bedroom homes in Gainesville- Price Comparison$562,558 lower
- Home Size616 sq. ft. smaller
- Built in 1920Older than 98% of homes in Gainesville
- Gainesville Snapshot• 229 active listings• 22% have 4 bedrooms• Typical 4 bedroom size: 2421 sq. ft.• Typical 4 bedroom price: $612,557
Description
Attention investors and visionaries!!!! Opportunities like this rarely hit the market. Waiting for the right buyer with the knowledge, skill, and creativity to bring it back to life. The home requires extensive repairs, it already offers a rare multi-unit setup that can generate strong rental income once restored. The main house has been converted into a duplex with two separate units. Side A features 3 bedrooms and 1 bath, offering space for a family rental, while Side B includes 1 bedroom and 1 bath ideal for a single tenant. Both sides of the duplex have private entrances, making them appealing to renters once renovations are complete. Behind the main home is a separate structure with plumbing and electrical installed. With finish-out, this could serve as a third rental unit— Three income streams on one property. Investors will see their portfolio increase the potential for steady cash flow is undeniable. Properties like this are rare in the Gainesville market, especially with the groundwork already in place for multiple rental units. With the right updates—new systems, cosmetic improvements, and a smart floor plan—this could be transformed into a turnkey investment. Imagine the rental income from three doors under one roofline, or renovate and resell to another investor looking for a multi-family opportunity. For seasoned flippers, this is the kind of project that pays off. For landlords, it’s a chance to build long-term equity and cash flow in a growing rental market. Tenants will appreciate easy access while you benefit from strong demand. If you’re looking for a property with high upside and the bones of a long-term moneymaker. Bring your contractor, bring your vision this one pencils out. Lower listed price is to Garner the attention for multiple offers and seller will be presented with all offers for the final decision.
MLS Listing ID
Listed By
Map
Estimated Monthly Payment
$528Loan Amount
$47,500This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.
Home Facts
Bathroom
Kitchen
Appliances
- Electric Range
- Electric Water Heater
Laundry
Laundry Features
- Electric Dryer Hookup
Highlights
Interior Features
- Eat-in Kitchen
Roof
- Shingle
Sewer
- Public Sewer
Levels
- One
Pool Features
- None
Parking Features
- Driveway
- Additional Parking
Fireplace Features
- Wood Burning
- Masonry
Flooring
- Vinyl
- Laminate
Foundation Details
- Pillar/Post/Pier
Architectural Style
- Detached
Utilities
- Sewer Available
- Water Available