2811 Sw Archer Road Unit J-80, Gainesville, FL 32608

$79,900
2
BD
2
BA
1,226
SqFt

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List Price
$79,900
Status
ACTIVE
MLS#
GC544715
Bedrooms
2
Bathrooms
2
Living Area
1,226
Subdivision
Brandywine

Property Description

This unit is truly priced to sell at only 79,900.00 There are units with the same floor plan & square footage active on the market priced between 99 & 105k. As to the comparable sales for this floorpan over the last few months, those sales range from a low of 95k to 115k. Admittedly all of the active listings as well as the closed sales were/are in above average to really nicely updated condition. This seller is a straight to the point kinda guy. At 79,900, he is taking into consideration his unit is cosmetically dated. This is by no means a flip opportunity, but this is a value add opportunity for either an owner occupant, or an investor that would like to improve the unit, max out the market rate of rental income, & hold until a strategically beneficial exit point presents itself. There is also a third play on the table. There is a really sweet tenant that has been in place for the last 5+ years. Currently she is paying 1,100 a month. You could elect to defer a cosmetic renovation at this time & keep the tenant already in place. This property is definitely worth your consideration if VALUE is part of your everyday conscious mindset.

Additional Information

Year Built
1985
Construction
Stucco
Living Area
1,226
Acres
12.57
Interior Features
Ceiling Fans(s), Open Floorplan, Thermostat, Walk-In Closet(s), Window Treatments
Cooling
Central Air
Heating
Electric
Exterior Features
Balcony
Sewer
Public Sewer
Pool Description
In Ground
Stories
1
Pets
Yes

Listing courtesy of FLORIDA'S CHOICE REALTY.

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