511 NW 15th St., Gainesville, FL 32603

Steady income opportunity located walking distance from the University of Florida and on the same street as luxury condominiums Nantucket Walk and Lions Gate. Property zoning has excellent future development potential and is currently used as an "Hostel style" rental. Features include 9 individual rooms in main house and one out parcel building-ten private rooms total! All rooms are currently leased as of 10/9/2010. Gross total rental income $50,800. History of maintaining 100% occupancy with minimal advertising. A landlord''s dream!