Carol McCarthy
REALTOR®
BEDS4
BATHS2 full
SQUARE FEET1,587
MLS#GC539885
STATUSActive
PROPERTY TYPEResidential -
SUBDIVISIONNEW GAINESVILLE
Property Description
Investors!!! Priced to Sell!!! This NE Gainesville duplex offers a turnkey opportunity for investors seeking immediate cash flow in a high-demand rental market.Unit Configuration: Two identical units, each featuring 2 bedrooms, 1 bathroom, a flex room, a living room, and a full kitchen.Low-maintenance flooring with tile floors-no carpets.Size: Approximately 793.5 sq. ft. each side (1,587 total sq. ft.).Outdoor Space: Oversized backyard that backs directly onto a public playground, providing a rare amenity for families. Fully fenced in. Immediate Income: Both units are currently occupied, allowing for a seamless transition of rental revenue.Prime Location: Proximity to downtown Gainesville, local schools, and major shopping centers ensures long-term tenant desirability.Growth Area: Gainesville's steady rental market is bolstered by its proximity to the University of Florida and regional medical centers.This property is priced right and sold as is! Bring all offers.
Property Features
Property Type: Residential -
Cooling: Central Air
Heating: Electric
Lot Size: 0.28 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $2,909
Year Built: 1980
Amenities
Ceiling Fans(s)
Private Entrance
Private Mailbox
Private Yard
Feature Descriptions
Appliances: Electric Water Heater, Range, Refrigerator
Directions: Heading on E University towards Hawthorne Rd, go to NE 15th St and turn left, follow to NE 5th Ave and turn right, and the Duplex will be on your right-hand side.
Exterior: Block
Flood Zone Code: x
Flooring: Tile, Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Cleared, Paved
Lot Dimensions: 0.28
Number of Pets: 2
Other Equipment: Private Entrance, Private Yard
Ownership: Fee Simple
Pets Allowed: Cats OK, Dogs OK
Property Attached Y/N: No
Property Sub-Type: Half Duplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Guard Dog, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected, Sewer Connected, Underground Utilities
Water: Public
Water Access Y/N: No
Zoning: RC
Listed By / Shown By
Listed By
Agency Name: EXP REALTY LLC
Agency Contact: 888-883-8509
Shown By
Agent Name: Carol McCarthy
Agent Phone: (813) 972-3430
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 796.21 per month $489.62 Principal & Interest $242.42 Property Tax $64.17 Homeowner's InsuranceChange Payment Information
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1511 & 1509 NE 5th Ave | MLS# GC539885
This home located at 1511 & 1509 NE 5th Ave, Gainesville, FL 32641 is currently listed for sale with an asking price of $220,000. This property was built in 1980 and has 4 bedrooms and 2 full baths with 1587 sq. ft. & 1509 NE 5th Ave is located in the NEW GAINESVILLE subdivision. Search NEW GAINESVILLE real estate on cmccarthy.floridaexecutiverealty.com today.