1714 NW 3RD PLACE , Gainesville, FL 32603

Comments for 1714 NW 3RD PLACE , Gainesville, FL 32603

Highly walkable Midtown investment property positioned just 3 blocks from the UF campus! Zoned for high-density U-5 Multi-Family use, this single-family home delivers a proven rental history in a premier student housing location. The traditional floor plan features an entry foyer opening into a large living room with high ceilings, a fireplace, and hardwood flooring throughout. French doors connect the main living area to a formal dining room, with a separate Florida room located on the opposite end of the house. Complete interior updates feature a fully renovated bathroom (2024) with a custom tiled shower and an updated kitchen with solid white cabinetry. A covered, screened side porch off the kitchen houses a dedicated inside laundry area. Capital improvements include a 2021 central HVAC system. The building sits on an oversized .17-acre lot complete with a fully fenced backyard. This turn-key property is perfectly positioned for Gator parents or long-term portfolio investors. The property is leased through July 31, 2027, with immediate rental income transferring to the new owner at closing.