5320 NW 20TH COURT GAINESVILLE FL 32653 MLS #GC521381 | Gary Kusher | Florida Real Estate

5320 NW 20TH COURT
GAINESVILLE, FL, 32653
$550,000
8 Beds
8 Baths
3,720 SqFt
0.3 Acres
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Discover and investment gem nestled on a cul-de-sac in NW Gainesville! This full leased quadruplex offers a prime opportunity for passive income. With a newly installed roof in September 2023, hard surface flooring throughout the downstairs of each unit, maintenance is minimized while tenant satisfaction is maximized. Each townhouse features 2 bedrooms and 1.5 bathrooms of well-maintained living area. Conveniently located near amenities and with easy access to major thoroughfares, this quadruplex presents a savvy investment opportunity in a sought-after locale. Property was originally 4 separate parcel numbers, built and designed to be sold off individually. Current seller combined the units into one tax parcel and formed and HOA for these 4 units, which is included. Units should be able to be divided, should an investor wish to purchase as a whole and sell off individually. Don’t miss out on this turnkey income generator.

Property Details

Price:
$550,000
MLS #:
GC521381
Status:
Active
Beds:
8
Baths:
8
Address:
5320 NW 20TH COURT
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
SWEETWATER PINES
City:
GAINESVILLE
Listed Date:
Apr 22, 2024
State:
FL
Finished Sq Ft:
3,720
ZIP:
32653
Lot Size:
14,520 sqft / 0.30 acres (approx)
Year Built:
1987
Units:
4
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Schools

Interior

Appliances
Dishwasher, Electric Water Heater, Gas Water Heater, Range, Range Hood, Refrigerator
Cooling
Central Air
Flooring
Carpet, Ceramic Tile, Luxury Vinyl
Heating
Central, Natural Gas
Laundry Features
Inside, Laundry Closet, Electric Dryer Hookup, Washer Hookup

Exterior

Construction Materials
Vinyl Siding, Brick
Exterior Features
Other
Parking Features
Open, Off Street
Roof
Shingle

Financial

Tax Year
2023
Taxes
$4,984

Map

Community

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5320 NW 20TH COURT
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