Active

$209,900

Features:
  • 2 Bedrooms
  • 3 Bathrooms
  • 1275 sq ft
Overview
  • ID: MFRGC530660
  • Bedrooms: 2
  • Bathrooms: 3
  • Size: 1275 sq ft
Property Details
Remarks
One or more photo(s) has been virtually staged. This townhome is already rented, making it an excellent turnkey investment opportunity in the highly desirable gated community of Magnolia Place. Located just minutes from top-rated schools, shopping, restaurants, and I-75, this 2-bedroom, 2.5-bath unit offers stable rental income in a prime Gainesville corridor. The main level features beautiful wood flooring, a guest half bath, and a fully equipped kitchen with all appliances, including an in-unit washer and dryer. A screened-in porch overlooks a peaceful green space, providing added privacy and an outdoor storage closet perfect for bikes or tools. Upstairs, you’ll find two primary suites, each with its own private bathroom. One suite includes a large walk-in closet, and the laundry closet is conveniently located between the bedrooms for easy access. Additional investor advantages include a brand new AC unit, reducing future maintenance concerns, and improving long-term operating costs. Magnolia Place offers a full suite of amenities covered by the HOA: exterior maintenance, pest control, community pool, fitness center, tennis court, clubhouse, and more. With assigned parking at the doorstep and a low-maintenance community structure, this property is an ideal hands-off investment for anyone seeking reliable returns in a growing Gainesville market.
Financial Considerations
Price:
$209,900
HOA Fee:
236
Tax Amount:
$3235.32
Price per SqFt:
$164.63
Tax Legal Description:
MAGNOLIA PLACE TOWNHOMES CONDOMINIUM CONDO BK 5 PG 62 BLDG 8 UNIT 802 & AN UNDIVIDED INT IN COMMON ELEMENTS OR 3535/1247 & OR 4013/1144
Exterior Features
Lot Size:
0
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
3
Heating:
Central
Cooling:
Central Air
Appliances:
Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Furnished:
No
Floor:
Carpet, Laminate
Levels:
Two
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
2003
Construction Type:
Brick, Vinyl Siding, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sliding Doors, Storage
Additional Features 2:
Contact HOA to verify.
Map
  • Address
    5062 NW 44TH LN #102
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