Listing Details for MLS # R4910141
20 Sw 6th Street Unit 206, Gainesville, Fl 32601

Residential Property - Condominium in Gainesville

Listing Price: $179,000Days on Market: 36

Description of Property

Fully furnished 1 Bed/1 Bath condo within half a mile of the University of Florida. Incoming buyer can decide to live at the property upon lease expiration or maintain it as a rental. Currently rented through June 2026 at $1,375/month. Unit was previously used as short term rental before switching to year leases. Gross income when used as short term rental was $28,640 in 2022 and $26,248 in 2021. This is the perfect opportunity for someone looking to live in or own investment property next to campus. Approved for short term rental uses (Airbnb, VRBO, etc.) Private parking lot, parking space provided to owner. Recently updated bathroom, all new flooring, and new kitchen countertops. A/C is 5 years old. Located in the heart of downtown Gainesville directly off University Avenue and across the street from the new Santa Fe Blount Center. Directly downstairs is Karma Cream Coffee Shop, a hair salon, and restaurants. All furniture and washer/dryer included in the sale. See attachments for marketing package and disclosures.The average asking price for a 1 bedroom/1 bath condominium in this Zip code is $179,625. This condominium is listed at about 100% of the average asking price. There are 2 1 bedroom/1 bath homes between $100,000 and $200,000 currently listed for sale in this Zip code. See other listings like this one »