GAINESVILLE, FL 32653 5320 NW 20th COURT
$550,000
Pending
41 more
Presented By: CARL TURLINGTON REAL ESTATE with 352-372-9525. - 352-372-9525
Beds • 8- Baths • 8
- SQFT • 3,720
Beds • 8
Baths • 8
SQFT • 3,720Home Details
Under contract-accepting backup offers. 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.
Presented By: CARL TURLINGTON REAL ESTATE with 352-372-9525. - 352-372-9525
Interior Features for 5320 NW 20th COURT
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths8
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCarpet, Ceramic Tile, Luxury Vinyl
Furnished Y/NUnfurnished
Heating Y/NYes
Laundry FeaturesInside, Laundry Closet, Electric Dryer Hookup, Washer Hookup
General for 5320 NW 20th COURT
Additional Parcels Y/NNo
Additional RoomsInside Utility
AppliancesDishwasher, Electric Water Heater, Gas Water Heater, Range, Range Hood, Refrigerator
Building Area UnitsSquare Feet
Carport Y/NNo
CityGAINESVILLE
Construction MaterialsVinyl Siding, Brick
CoolingCentral Air
CountyAlachua
Days on Market133
DirectionsNW 13th Street to NW 55th Avenue. West on NW 55th Avenue to NW 20th Court. Left onto NW 20th Court - property is in culdesac on right.
DisclosuresSeller Property Disclosure
Exterior FeaturesOther
Flood Zone CodeA
Garage Y/NNo
Gross Income53000
HeatingCentral, Natural Gas
Home Owner Association Y/NYes
Interior FeaturesCeiling Fan(s), Living Room/Dining Room Combo, PrimaryBedroom Upstairs
Land Lease Y/NNo
Legal DescriptionSWEETWATER PINES PB K-87 SWEETWATER PINES CONDO LOT 11 OR 1369/499 UNITS A B C AND D WITH EACH UNIT HAVING 25% INT IN COMMON AREA OR 2287/2144
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet14520
Lot Size UnitsSquare Feet
MLS Area32653 - Gainesville
Minimum LeaseNo Minimum
ModificationTimestamp2024-09-03T00:31:14.460Z
New ConstructionNo
NumberOfUnitsTotal4
Occupancy TypeTenant
Ok to Lease12 Months
Patio/Porch FeaturesDeck
Percent OwnershipFee Simple
PossessionClose of Escrow
Property SubTypeQuadruplex
Property TypeResidential Income
RoofShingle
Security FeaturesSmoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameSWEETWATER PINES
Tax Annual Amount4984
Tax Lot11
Tax Year2023
Tenant PaysElectricity, Gas, Sewer, Trash Collection, Water
UtilitiesWater Connected, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water - Multiple Meters
View Y/NNo
Virtual TourClick here
Water Access TypeCreek
Water Access Y/NYes
Water View Y/NNo
Waterfront Y/NNo
Year Built1987
ZoningRMF7
Exterior for 5320 NW 20th COURT
Building Area Total3720
Foundation DetailsSlab
Lot DimensionsIRREGULAR
Lot FeaturesNear Public Transit, Street Dead-End, Cul-De-Sac, City Lot
Lot Size Acres0.3
Lot Size Area14520
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Water Meters4
Open Parking Y/NYes
Parking FeaturesOpen, Off Street
Road Frontage TypeStreet Dead-End, Street Paved
Road Surface TypePaved
SpaNo
Water SourcePublic
Additional Details
Price History
