706 20th Street, Gainesville, FL 32603
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  • MLS#: GC539511 ( Residential )
  • Street Address: 706 20th Street
  • Viewed: 3
  • Price: $549,000
  • Price sqft: $257
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 2136
  • Bedrooms: 4
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 1
  • Days On Market: 2
  • Additional Information
  • Geolocation: 29.6578 / -82.3495
  • County: ALACHUA
  • City: Gainesville
  • Zipcode: 32603
  • Subdivision: Murrey Hill Court
  • Provided by: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC
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  • Description
    Turnkey UF Investment | $3,650/Month Through 2027 | Prime Corner Lot Cash flowing rental just minutes to the University of Florida with a lease secured through July 2027offering immediate, stable income in a high demand location. This updated 4BR/2BA property sits on a desirable corner lot near Ben Hill Griffin Stadium and UF, a proven hotspot for consistent tenant demand and long term appreciation. Inside, the home features durable LVP flooring throughout, along with an updated kitchen and bathrooms designed for low maintenance and lasting appeal. A bright sunroom with brand new windows adds valuable living space and opens seamlessly to a paver patio, overlooking a massive fenced in backyardan increasingly rare feature this close to campus that enhances tenant retention and overall rental value. The functional layout, combined with strong indoor outdoor flow and ample parking, makes this property especially attractive to student renters. A one car garage adds additional storage and flexibility, further increasing its marketability. Major capital improvements have already been completed, including a newer HVAC system, hot water heater, garage door, washer and dryer, dishwasher, garbage disposal, updated sewer line, along with upgraded fixtures, ceiling fans, blinds, and fencingsignificantly reducing near term expenses and operational risk for the next owner. With limited inventory in this location, strong in place income, and key system upgrades already handled, this is a fully stabilized, turnkey investment offering both reliable cash flow and long term upside in one of Gainesvilles most sought after rental markets.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Flooring: LuxuryVinyl
  • Living Area: 1888.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 1.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans
  • Heating: Central
  • Sewer: PublicSewer
  • Utilities: MunicipalUtilities
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: Dryer, Dishwasher, Refrigerator, RangeHood, Washer
  • Country: US
  • Interior Features: CeilingFans
  • Legal Description: MURREY HILL COURT PB D-16 LOT 31 & ST ADJ ON S SIDE ORD 990 DEED APPEARS IN ERROR OR 4934/1109
  • Levels: One
  • Area Major: 32603 - Gainesville
  • Occupant Type: Tenant
  • Parcel Number: 15458-000-000
  • The Range: 0.00
  • Zoning Code: RSF2
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