FOR SALE - 2222 SE 36 Terrace, Gainesville, Florida

FOR SALE

Real Estate in Florida


2222 SE 36 Terrace, Gainesville, Florida

  • each unit is 2 BR / 1 BA 
  • both units r rented for $800 month with annual leases
  • total monthly income $1600
  • tenants pay all utilities electric and water
  • separate water & electric meters
  • total annual income (GOI) $19,200. — expenses 
  • property taxes $1800 and insurance $1300 = $3100
  • NOI net income $16,000
  • let’s round it down to $15,000
Asking price $139,000

Good return 
Management in place if needed

CALL NOW! 561-705-1595
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