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Archived over 3 years ago

$25,000

2 bd 1 ba 731 sqft

1535 NE 6th Avenue, Gainesville, FL 32641

Residential SFR Occupied Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$995

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

Very High

***Handyman Special***

This is a 2/1 located in Duval - Eagle Eyes Crime Watch area. This is a full rehab project or possible tear down rebuild with ARV's north of $100,000. New construction home being built directly across the street and throughout the community. Cash Buyers only. Sold AS-IS. $2,500 non-refundable EMD required at bid acceptance. Buyer must inspect before entering contract. Buyer pays for all closing costs including doc stamps and title fees. No survey on file. Buyer to verify all measurements, etc... This property is occupied please do not disturb tenants we will set group showings for the property.

COMPS:

1905 NE 3rd Avenue 680 SQFT 3/1 Sold $100,000
1117 NE 10th Avenue 750 SQFT 2/1 Sold $142,000
904 NE 11th Terrace 739 SQFT 2/1 Sold $115,000

Location:

1535 NE 6th Avenue, Gainesville, FL 32641

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.