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408 5TH, GAINESVILLE, FL, 32601

$374,900

4 Beds1,560 Sq FtBuilt 19920.20 Acres

About This Property

This very well maintained duplex is located 3 minutes from the University of Florida in the heart of the Duckpond Historic District! Both units are 2 bedroom/1 bathroom with updated plumbing; currently operated as a short-term rentals, grossing $41,138.30 in the trailing 12 months. Large already cleared lot with plenty of room for development of additional units. Professionally managed, current management would like to continue their services for the incoming buyer. Net income is pro-forma estimate. This is a great opportunity for an investor, owner occupant buyer, and/or a developer.

Subdivision

BRUSH ADD TO GVILLE

Status

Active

Listed By

BRG REALTY VENTURES LLC

Days on Market

Mortgage Calculator

Home Price

Loan Term

Down Payment($74,980)

Interest Rate

Est. Monthly Payment

$2,399

30-yr fixed · 20% down · 6.875%

Principal & Interest$1,970

Property Tax (actual)$273

Est. Home Insurance~0.5% est.$156

Total / month$2,399

Loan amount$299,920

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.