Sold

706 NW 20TH St, Gainesville, FL 32603

Beds
4
Baths
2
Sqft
1,888
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byCORNERSTONE REALTY & MANAGEMENT SERVICES LLC
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Overview

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.

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
4
Number of bathrooms
2
Square feet
1,888
Lot size (acres)
0.38
Year built
1949

Interior features

Laundry
Laundry Room

Exterior features

Horse amenities
Stable

Garage and parking

Garage parking spaces
1

Utilities

Heating
Central
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$8,958

Public schools

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Sourced from: Stellar MLS MLS®#: GC539511 Last checked:

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