House for Sale in Gainesville

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US$180,000 USD

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Ref 2251551 | Gainesville, Florida | 3 Bedroom House/villa

Currency services provided by Excel Currencies US$180,000 USD  |  €168,193 EUR (Approx)  |  Approx.£144,831 GBP

Located 1 mile north of UF campus. This 32 home with fire place sits on a large lot with oak trees overhanging the street. Home has one covered carport space Looking to lease or sell the property. Sale price 170,000. No pets if leasing. Heres the numbers if you want to buy. There are first time home loan programs for 3 down 5,100 and interest rate of 4. 125 finance 164,900 and closing costs of 4,000-6,000 for 30 years results in principle and interest payment of 796mo. County tax 208 mo. Hazard Insurance 62. 5mo. and figure 150 for reserves for AC, roof paint, etc. Total monthly outlay is 1,216. You live in one room and lease out the other two at 425 each your letting the tenants pay for your investment and your living in your paying 366 per month to live in your room. This is how I got started in real estate 24 years ago in this exact home when interest rates were 8 and rent was 250 per room. Start young and dream big, time is your most precious asset with investing. This is for sale by owner. If you feel you need a realtor you will pay the commission. A title company and home inspector is all that is required for this transaction. Your due diligence should include a home inspector. Ill provide title insurance. The home was repiped and new water heater in 2014, New roof in 2007, new AC 2017. The home is currently leased month to month over the last 3 years by 3 good tenants. . Two tenants have expressed interest in paying 800 per month for two of the three rooms. Depending upon your needs if you want them to continue leasing they can stay and you start a new lease. If nobody buys in the next 30-60 days I may continue to keep the two tenants month to month till sold.
beycome Listing ID: bey375970.
You can contact the owner directly at: 844-799-7886, ext: 375970.
For more information and pictures visit beycome and enter the listing ID bey375970 . Contact beycome the #1 for sale by owner (FSBO) and For rent by owner (FRBO) at 844-BEYCOME if you have questions.

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