5320 Northwest 20th Court

Gainesville, FL 32653

$624,900
Price
8
Beds
3,720 Sq. Ft.
$168 / Sq. Ft.
3,720
Sq. Ft.
$168
per Sq. Ft.

Description

Discover and investment gem nestled on a cul-de-sac in NW Gainesville! This full leased quadruplex offers a prime opportunity for passive income. With a newly installed roof in September 2023, hard surface flooring throughout the downstairs of each unit, maintenance is minimized while tenant satisfaction is maximized. Each townhouse features 2 bedrooms and 1.5 bathrooms of well-maintained living area. Conveniently located near amenities and with easy access to major thoroughfares, this quadruplex...Discover and investment gem nestled on a cul-de-sac in NW Gainesville! This full leased quadruplex offers a prime opportunity for passive income. With a newly installed roof in September 2023, hard surface flooring throughout the downstairs of each unit, maintenance is minimized while tenant satisfaction is maximized. Each townhouse features 2 bedrooms and 1.5 bathrooms of well-maintained living area. Conveniently located near amenities and with easy access to major thoroughfares, this quadruplex presents a savvy investment opportunity in a sought-after locale. Property was originally 4 separate parcel numbers, built and designed to be sold off individually. Current seller combined the units into one tax parcel and formed and HOA for these 4 units, which is included. Units should be able to be divided, should an investor wish to purchase as a whole and sell off individually. Don't miss out on this turnkey income generator.
  1. Listed by Alicia Phillips • CARL TURLINGTON REAL ESTATE

Property Details for 5320 Northwest 20th Court

Subdivision Name
SWEETWATER PINES
Township
09
Waterfront
No
Furnished
Unfurnished

Location

Listing Courtesy of CARL TURLINGTON REAL ESTATE
Add your commute
LISTING UPDATED: 04/24/2024 04:42 PM

Property Details for 5320 Northwest 20th Court

StatusActive
MLS #GC521381
Days on Market12
Taxes$4,984 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1987
Lot Size0.33 AC / 14,520 SF
CountyAlachua County

Location

Listing Courtesy of CARL TURLINGTON REAL ESTATE
Add your commute

Building Information for 5320 Northwest 20th Court

Stories-Residences4Year Built1987Building Size-Lot Size0.33 AC / 14,520 SF

Payment Calculator

$3,826 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,410

Property Taxes

$415

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5320 Northwest 20th Court

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 3720.0
  • Building Area Units: Square Feet
  • Directions: NW 13th Street to NW 55th Avenue. West on NW 55th Avenue to NW 20th Court. Left onto NW 20th Court - property is in culdesac on right.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 5320
  • Street Direction Prefix: NW
  • Street Name: 20TH
  • Street Suffix: COURT
  • State: FL
  • City: GAINESVILLE
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Open, Off Street
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Book Number: K-87
  • Tax Legal Description: SWEETWATER PINES PB K-87 SWEETWATER PINES CONDO LOT 11 OR 1369/499 UNITS A B C AND D WITH EACH UNIT HAVING 25% INT IN COMMON AREA OR 2287/2144
  • Tax Lot: 11
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Near Public Transit, Street Dead-End, Cul-De-Sac, In City Limits, Street Paved
  • Lot Size Dimensions: IRREGULAR
  • Parcel Number: 07881-111-001
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: Creek
  • Water Access: Yes
  • Water Extras: No
  • Zoning: RMF7
  • Living Area: 3720
  • Lot Dimensions: IRREGULAR
Property and Assessments
  • Year Built Numeric: 1987
  • Flood Zone Code: A
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 20
  • Public Survey Section: 18
Utilities
  • Sewer: Public Sewer
  • Utilities: Water Connected, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water - Multiple Meters
  • Water Source: Public
  • Num Electric Meters: 4.0
  • Num Water Meters: 4.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Brick
  • Exterior Features: Other
  • Foundation Details: Slab
  • Levels: Two
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Smoke Detector(s)
  • Spa: No
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 8
  • Additional Rooms: Inside Utility
  • Appliances: Dishwasher, Electric Water Heater, Gas Water Heater, Range, Range Hood, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Heating: Central, Natural Gas
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, PrimaryBedroom Upstairs
  • Laundry Features: Inside, Laundry Closet, Electric Dryer Hookup, Washer Hookup
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $41,000.00
  • Gross Income: $53,000
  • Unit Count: 1
Unit 1
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 2
  • Unit Type Description 1: 2 bedroom 1.5 bath units
  • Unit Type Garage Attached 1: No
  • Unit Type Garage Spaces 1: 0
  • Unit Type Heated Sq Ft 1: 3720
  • Unit Type Number Of Units Occupied 1: 4
  • Unit Type Pro Forma 1: 4485
  • Unit Type Type 1: Apartments
  • Unit Type Units Total 1: 4
Rental
Rental Information
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Minimum Lease Period: 0

Property History for 5320 Northwest 20th Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5320 Northwest 20th Court

Taxable ValueLand-Additions$376,000Total-
Tax Record2023$4,984 ($415 / month)
Home Facts
Beds2Total Finished SqFt3,720 SqFtAbove Grade Finished SqFt3,720 SqFtStories1Lot Size2,178 SqFtStyleCondominiumYear Built1981CountyALACHUAAPN07881-111-001

Schools near 5320 Northwest 20th Court

This home is within Alachua.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 9
Public - 9 to 12
Charter - K to 3
Rating
School
Distance
C. W. Norton Elementary School
PublicPK to 5

Westwood Middle School
Public6 to 9

Gainesville High School
Public9 to 12

Genesis Preparatory School
CharterK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5320 Northwest 20th Court is a multi-family home for sale in Gainesville, FL 32653. This property was listed for sale on April 22, 2024 by CARL TURLINGTON REAL ESTATE, it's currently listed at $624,900. It has been on the market for a total of 12 days and was last sold on April 28, 2000. This listing's school district is Alachua. Nearby schools include C. W. Norton Elementary School, Westwood Middle School and Gainesville High School. 5320 Northwest 20th Court is a 8-bed, 0-bath, 3,720 sqft multi-family home built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of CARL TURLINGTON REAL ESTATE

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.