Investor Special: Discover a rare cash-only opportunity at 2618 NE 10th Terrace in Northeast Gainesville — a solid, block-on-slab 3-bedroom, 1-bath home (1,010?SF) priced to reflect the updates (roof, A/C, paint, bathroom, floors, kitchen) needed for immediate upside. With updated windows already in place and rental pro forma of $1,800/month post-renovation, this property delivers strong cash-flow potential in a rapidly appreciating market. Ideally situated just minutes from the University of Florida’s East Campus, UF main campus, Butler Plaza’s 150+ shops and restaurants, and Gainesville Regional Airport, residents enjoy unparalleled convenience. Outdoor enthusiasts will relish easy access to Paynes Prairie Preserve State Park (10-minute drive for hiking, wildlife viewing, observation tower), Kanapaha Botanical Gardens (15 minutes; home to Florida’s largest public bamboo garden), Devil’s Millhopper Geological State Park (12 minutes), and the Gainesville-Hawthorne State Trail (5 minutes) for biking and walking adventures. Comparable block homes in the neighborhood command $200K+, making this buy-and-hold rental an exceptional value play with upside. Schedule your showing today and secure a turnkey investment poised for both cash flow and appreciation.
| MLS#: | TB8362894 |
| Price: | $150,000 |
| Square Footage: | 1010 |
| Price / Square Foot: | $148.51 |
| Bedrooms: | 3 |
| Bathrooms: | 1 Full |
| Acreage: | 0.21 |
| Year Built: | 1960 |
| HVAC: | Central, Central Air |
| Exterior Features: | Storage |
| Elementary School: | Marjorie Kinnan Rawlings Elementary School-AL |
| Middle School: | Howard W. Bishop Middle School-AL |
| Virtual Tour: | Click here |
| Listing Courtesy Of: | WEICHERT REALTORS EXCLUSIVE PROPERTIES - 813-426-2669 |
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