About 3928 Nw 20th Terrace
Under contract-accepting backup offers. Very nice 3 BR 2 BA pool home in NW Gainesville. Currently used as an AirBnB, this investment opportunity features an established property that has generated $60,939 so far this year (as of 12/9). Excellently located near the University of Florida, UF Health, VA, and HCA hospitals, the home includes 3 bedrooms, 2 baths, a pool, and a 1-car carport. It has been meticulously maintained and updated, boasting a remodeled kitchen with modern cabinetry, quartz countertops, and stainless steel appliances. The property also features tile flooring in the great room, dining area/bonus room, and all bedrooms. The pool is perfect for enjoying the summer days, and the roof was replaced in 2021. Also being offered as part of a 3 home portfolio package yielding over 18% CAP rate with gross income ($215,580 as of 12/9/24) offered at $1,150,000 via short term rentals in 2024. Ready for quick closing and immediate occupancy! Home comes fully furnished.
Features of 3928 Nw 20th Terrace
| MLS® # | GC526295 |
|---|---|
| Price | $350,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,160 |
| Acres | 0.23 |
| Year Built | 1959 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Ranch |
| Status | Pending |
Community Information
| Address | 3928 Nw 20th Terrace |
|---|---|
| Area | Gainesville |
| Subdivision | PARADISE SUB CONTD |
| City | GAINESVILLE |
| County | Alachua |
| State | FL |
| Zip Code | 32605 |
Amenities
| Parking | Driveway |
|---|---|
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Interior Features | Ceiling Fans(s), Solid Surface Counters, Thermostat |
|---|---|
| Appliances | Dryer, Range, Refrigerator, Washer |
| Heating | Central, Gas |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior Features | Sliding Doors |
|---|---|
| Lot Description | City Limits, Landscaped, Level, Paved |
| Roof | Other, Shingle |
| Foundation | Slab |
School Information
| Elementary | C. W. Norton Elementary School-AL |
|---|---|
| Middle | Westwood Middle School-AL |
| High | Gainesville High School-AL |
Additional Information
| Date Listed | November 15th, 2024 |
|---|---|
| Days on Market | 53 |
| Zoning | RSF1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | WATSON REALTY CORP |
|---|