$119,900 SOLD Tower Village 7314 SW 42nd Place
Looking for your first investment property or adding to your existing portfolio? This Tower Village DUPLEX features TWO bedrooms and TWO BATHS on each side with laundry rooms. Both units are fully equipped with all appliances included except clothes washers and dryers (they belong to tenants). Each unit has a patio and a BIG fenced back yard. Kids walk to Wiles Elementary & Kanapaha Middle School. The neighborhood is adjacent to beautiful Kanapaha Park with soccer fields, playgrounds, roller hockey rink and jogging trail with exercise stations. Groceries, shopping & dining are walking or biking distance. The current long term tenants pay $550 per month but there is PLENTY of UPSIDE potential as the market rent is $650 - $700. The current tenants are MONTH-TO-MONTH so you have flexibility to adjust to market rates without waiting for lease expirations to roll around! The savvy buyer has many options. Two baths per unit are a real plus, are easier to rent and command higher rent than competing one bath units. Duplexes in Gainesville are popular investments so don't delay!