Investors seeking a high-demand rental property in Gainesville, Florida, have a prime opportunity with this newly listed duplex at 925 SW 61st Street, Gainesville, FL 32607. Located in a thriving rental market near the University of Florida, Butler Plaza, and major shopping centers, this property offers stability and potential for substantial returns.
Property Highlights:
- Size: 1,680 SF total, with two 2-bedroom, 1-bath units
- Built: 1981
- Zoning: R-2A (Residential)
- Location: Minutes from UF, major retail hubs, and employment centers
Why Invest in This Property?
This duplex presents an excellent value-add opportunity. With market rents exceeding $1,600 per unit, there is significant room for rental growth, making it an attractive investment for those looking to boost cash flow and build long-term equity.
Gainesville’s strong rental market, fueled by a steady influx of students, professionals, and families, ensures continued demand for well-located rental properties. The R-2A zoning adds flexibility for potential future uses or improvements.
Key Investment Benefits:
- High Tenant Demand: Close proximity to UF and Butler Plaza makes attracting and retaining tenants easy.
- Potential for Increased Rents: Current market trends suggest room for rental rate adjustments to maximize income.
- Strong Equity Growth: Value-add potential through updates, improved management, or re-leasing at market rates.
- Established Rental Area: Surrounded by other multi-family and single-family rental properties, ensuring a competitive rental landscape.
This duplex at 925 SW 61st Street offers an ideal combination of location, income potential, and long-term appreciation for investors looking for a turnkey rental property with upside potential.
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