Annis Terrace Real Estate

Annis Terrace Real Estate

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Newest Listings in Annis Terrace

$475,000
2 Beds 1 Baths GC542564 MLS
Prime UF Location — Turnkey Investment or Owner-Occupant Opportunity. Just blocks from the University of Florida and UF Law, and walking distance to the stadium, this property has a long-established rental history and 100% area occupancy — making it an ideal short-term or year-round investment. Set on a quiet cul-de-sac on nearly a quarter acre, this 2-bedroom, 1-bathroom home is built of solid concrete block with a 50-year metal roof in 2010, updated HVAC in December 2017, original wood floors, fresh interior paint and an updated kitchen. A covered front porch and patio lead into the large Great Room, featuring wood floors, a gas fireplace with original brick mantle and tiled hearth and two picture windows overlooking the front yard. French doors open to a full-length, covered and screened rear porch — over 234 square feet, already vented and easily enclosed for additional air-conditioned living space. The eat-in kitchen features solid wood cabinets, extensive storage, updated stainless steel appliances and custom tile countertops and backsplash. A covered side porch with a separate entrance connects to an attached storage room/workshop — over 300 square feet with strong potential as a studio, office or third bedroom, with ample room for an additional bathroom. The two bedrooms and shared bathroom sit off the other side of the Great Room. The front bedroom offers updated blinds, a ceiling fan and a walk-in closet. The bathroom includes a laundry closet, floor-to-ceiling tile, a tub/shower with glass enclosure and a wood vanity with tiled countertop. The rear bedroom has an updated ceiling fan, wood floors, corner windows and its own entrance to the screened porch. Out back, a large paver patio overlooks the fenced yard. Beyond the unbeatable location near campus, the home is minutes from Westgate Publix Shopping Center, restaurants and shopping. With strong rental history in the area and clear upside in converting the screened porch and storage room into additional living space, this home offers both immediate cash flow and significant value-added potential.

434 Nw 25th Street, Gainesville

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