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.
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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
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Stellar MLS MLS®#: GC539511 Last checked: …
