Capstone Quarters Condo - 2905 SW ARCHER ROAD, Gainesville, FL 32608, sold on June 12, 2024

Closed onJune 12, 2024
List Price$159,900
Selling Price$150,000 ($187.50 / sqft)
Beds / Baths2 / 2
Square Feet800
SubdivisionCapstone Quarters Condo
Year Built1998
MLS #521259
Courtesy ofUNIVERSITY REALTY

INVESTOR ALERT! Close and begin collecting rent immediately on this well-maintained 2 bed/2 bathroom condominium just up the street from the University of Florida, Shands Hospital and the VA. Already leased through July 31st, 2025 with rents secured at $1,300 for the 2024 - 2025 leasing season! Each bedroom features a private bathroom and walk-in closet. The floor plan has a split plan with an spacious open concept kitchen/living/dining combo. The current owner has replaced the flooring with durable luxury vinyl plank flooring that will last - no messy carpet! There is a community pool and bus stop outside the community with several direct bus routes to UF and Shands. It's so rare that a hassle free, well maintained investment presents itself in such an idyllic location. There's even a professional property management company already in place for any out-of-town investors. Come experience the true definition of passive income!