$269,900
825 NW 19TH AVE, GAINESVILLE, FL 32609
ActiveProperty details
About this home
INCOME PRODUCING | 1.5 MI TO UF | POTENTIAL FOR LOT SPLIT AND FUTURE DEVELOPMENT. If you’ve been searching for an investment property close to UF with more than one way to generate income, take a look at 825 NW 19th Ave. This tastefully updated 2-bedroom, 1-bath concrete block home sits on an approximately 0.20-acre corner lot and is currently operating as a short-term rental. It’s a turnkey property you can put to work now, with future development opportunities in the backyard. Step inside, and you’ll find a comfortable, well-maintained home with a fully remodeled kitchen featuring granite countertops, stainless steel appliances, and shaker cabinets. The updates go beyond what you can see: the owner installed new water supply and sewer lines, a rebuilt AC system, a newer roof (2024), added insulation, and a water filtration system in the kitchen. What really sets this property apart though is the approximately 55-by-160 foot corner lot and its U2 zoning. The spacious backyard gives an investor the opportunity to explore additional dwelling units, a potential lot split, or future development. For an investor, that means the earning income from the existing home on day one while evaluating how much more income this property could generate. Whether you’re looking to add a rental near UF to your portfolio or eager to get your hands on a development project, this one is worth seeing in person. Give me a call today to schedule a showing!
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Listings courtesy of Stellar MLS as distributed by MLS GRID. MLS #MFR812702222. Listing brokerage: KELLER WILLIAMS GAINESVILLE REALTY PARTNERS. Status: Active.
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