716 NW 4th Ave., Gainesville, FL 32601

Great opportunity for the first time investor or to add to your existing portfolio! Priced Below Market Value and yields a 10.5% cap rate, this duplex is located near UF and Downtown in a NW Gainesville neighborhood. Upstairs 2/1 unit is occupied at $750 mth. Downstairs 2/1 is larger than upstairs, renovated in 2014 and is occupied at $800 mth. Each unit has a full kitchen, central air/heat and w/d. Large backyard w/ shed and ample off-street parking - even room to build another unit. Zoned Multi-Family Residential. Tenants are in place - DO NOT DISTURB TENANTS - The adjacent parcel is available for $50,000 more which would increase the land size in to just over 1/2 acre in total.