5062 NW 44TH LANE UNIT 102

$209,900

$165/sq ft

$5,100
Price Decreased

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Overview

Bedroom

2

Bath

2

Year Built

2003

Sqft

1275

Property Type

Condominium

Property Description

One or more photo(s) has been virtually staged. This townhome is already rented, making it an excellent turnkey investment opportunity in the highly desirable gated community of Magnolia Place. Located just minutes from top-rated schools, shopping, restaurants, and I-75, this 2-bedroom, 2.5-bath unit offers stable rental income in a prime Gainesville corridor. The main level features beautiful wood flooring, a guest half bath, and a fully equipped kitchen with all appliances, including an in-unit washer and dryer. A screened-in porch overlooks a peaceful green space, providing added privacy and an outdoor storage closet perfect for bikes or tools. Upstairs, you’ll find two primary suites, each with its own private bathroom. One suite includes a large walk-in closet, and the laundry closet is conveniently located between the bedrooms for easy access. Additional investor advantages include a brand new AC unit, reducing future maintenance concerns, and improving long-term operating costs. Magnolia Place offers a full suite of amenities covered by the HOA: exterior maintenance, pest control, community pool, fitness center, tennis court, clubhouse, and more. With assigned parking at the doorstep and a low-maintenance community structure, this property is an ideal hands-off investment for anyone seeking reliable returns in a growing Gainesville market.

Property Details

MLS#

GC530660

Total Floor in Bldg

1

Address

5062 44TH NW

City

Gainesville

State/county

FL

Zip/Postal Code

32606

Area

Magnolia Place Twnhms

Country

United States

HOA

Yes

Assoc Fee

$236

Assoc Fee Pd

Monthly

Tax Amount

$3,235

Maint Fee

$--

Tax Year

2024

Cooktop

Dishwasher

Dryer

Microwave

Refrigerator

Washer

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