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Wade M. Berlin

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5062 44th Lane 102
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PRICED AT ONLY: $209,900

Address: 5062 44th Lane 102, GAINESVILLE, FL 32606

Description

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, youll 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.
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  • MLS#: GC530660 ( Residential )
  • Street Address: 5062 44th Lane 102
  • Viewed: 130
  • Price: $209,900
  • Price sqft: $165
  • Waterfront: No
  • Year Built: 2003
  • Bldg sqft: 1275
  • Bedrooms: 2
  • Total Baths: 3
  • Full Baths: 2
  • 1/2 Baths: 1
  • Days On Market: 221
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Sliding Doors, Storage
  • Flooring: Carpet, Laminate
  • Living Area: 1275.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Pets Allowed: Cats OK, Dogs OK
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Public, Sewer Connected, Underground Utilities, Water Connected
Finance and Tax Information
  • Home Owners Association Fee Includes: Other
  • Home Owners Association Fee: 236.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Association Name: MAGNOLIA PLACE TOWNHOMES
  • Association Phone: 352-377-4977
  • Country: US
  • Interior Features: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s)
  • 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
  • Levels: Two
  • Area Major: 32606 - Gainesville
  • Occupant Type: Tenant
  • Parcel Number: 06061-080-802
  • Unit Number: 102
  • Views: 130
  • Zoning Code: RESIDENTIA
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Wade M. Berlin