706 NW 20TH STREET at

706 NW 20TH STREET

For sale Days on market 10

$549,000

$291/sq ft

$4,000
Price Increased

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Overview

Bedroom

Bath

Year Built

1949

Garage

Sqft

1888

Property Type

Single Family Residence

Property Description

Under contract-accepting backup offers. 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 2027—offering 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 backyard—an 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 fencing—significantly 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 Gainesville’s most sought-after rental markets.

Property Details

MLS#

GC539511

Garage

Address

706 20TH NW

City

Gainesville

State/county

Zip/Postal Code

32603

Area

Murrey Hill Court

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$8,958

Maint Fee

$--

Tax Year

2025

Dishwasher

Dryer

Range Hood

Refrigerator

Washer

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