BEDS4
BATHS2 full
SQUARE FEET1,888
MLS#GC539511
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMURREY HILL COURT
Property Description
Turnkey UF Investment | $3,650/Month Through 2027 | Prime Corner LotCash-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 Features
Property Type: Residential - Single Family
Cooling: Central Air
Garage: 1 car attached
Heating: Central
Lot Size: 0.38 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $8,958
Year Built: 1949
Amenities
Ceiling Fans(s)
Other
Feature Descriptions
Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Washer
Days on Site: 1
Directions: Head East on University Avenue until you reach NW 22nd. Make a right. Turn right onto NW 7th lane. House is on the corner of NW 20th street and NW 7th lane
Exterior: Block
Fireplace: Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.38
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RSF2
Listed By / Shown By
Listed By
Agency Name: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC
Agency Contact: 352-262-4914
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 2,128.46 per month $1,221.84 Principal & Interest $746.50 Property Tax $160.13 Homeowner's InsuranceChange Payment Information
706 NW 20th Street | MLS# GC539511
This single family home located at 706 NW 20th Street, Gainesville, FL 32603 is currently listed for sale with an asking price of $549,000. This property was built in 1949 and has 4 bedrooms and 2 full baths with 1888 sq. ft. NW 20th Street is located in the MURREY HILL COURT subdivision. Search MURREY HILL COURT real estate on www.realtymark.net today.