Maggie Patek
Property Description
Exceptional Investment Opportunity Near UF Campus! Located right on the edge of the University of Florida, this unique property features two income-generating dwellings and additional paid parking-perfect for investors or future owner-occupants. The main house is rented for 2400.00 per month starting in July and includes 3 bedrooms, 1.5 bathrooms, hardwood floors, a cozy fireplace, spacious living and dining areas, a washer/dryer, and a private courtyard. Two of the bedrooms feature its own vanity for added convenience. Tucked behind the main home is a fully leased studio cottage, generating consistent rental income through July 2026. The property also includes 10 additional paid parking spots, boosting its income potential even further. Live in the main house, rent out the studio and parking, or lease both for maximum returns. Just steps from UF, this is a rare chance to own prime real estate in a high-demand rental area!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.17 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,304
Year Built: 1960
Square Feet: 1,812
Amenities
Ceiling Fans(s)
Awning(s)
Courtyard
Feature Descriptions
Annual Net Income: 30000.00
Appliances: Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
Days on Site: 182
Directions: From I 75 head West on University Avenue until you reach NW 11th Street. Make a left, house is on the right
Exterior: Brick
Fireplace: Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Tile, Wood
Foundation: Crawlspace, Slab
Home Warranty Y/N: No
Lot Dimensions: 0.17
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 2
Utilities: Public
Water: None
Water Access Y/N: No
Zoning: RH1
Listed By / Shown By
Listed By
Agency Name: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC
Agency Contact: 352-278-4648
Shown By
Agent Name: Maggie Patek
Agent Phone: (407) 394-8968
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 3,721.47 per month $3,013.84 Principal & Interest $525.33 Property Tax $182.29 Homeowner's InsuranceChange Payment Information
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113 NW 11th Street | MLS# GC534008
This multi-family property located at 113 NW 11th Street, Gainesville, FL 32601 is currently listed for sale with an asking price of $625,000. Search Gainesville real estate on mpatek.watsonrealtycorp.com today.