INVESTOR ALERT! Close and begin collecting rent immediately on this well-maintained 2 bed/2 bathroom condominium just up the street from the University of Florida, Shands Hospital and the VA. Already leased through July 31st, 2025 with rents secured at $1, 300 for the 2024 - 2025 leasing season! Each bedroom features a private bathroom and walk-in closet. The floor plan has a split plan with an spacious open concept kitchen/living/dining combo. The current owner has replaced the flooring with durable luxury vinyl plank flooring that will last - no messy carpet! There is a community pool and bus stop outside the community with several direct bus routes to UF and Shands. It's so rare that a hassle free, well maintained investment presents itself in such an idyllic location. There's even a professional property management company already in place for any out-of-town investors. Come experience the true definition of passive income!
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 9.4 x 12.7
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 3
- Living Room Dimensions: 15.3 x 11.7
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Kitchen/Family Room Combo
- Open Floorplan
- Split Bedroom
- Thermostat
- Flooring: Luxury Vinyl, Tile
Appliances
- Dishwasher
- Dryer
- Microwave
- Range
- Refrigerator
- Washer
- Laundry Features: Laundry Closet, Washer Hookup
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Kitchen and Dining
- Kitchen Dimensions: 7.7 x 6.9
- Kitchen Level: First
Exterior and Lot Features
- Road Surface Type: Asphalt
Homeowners Association
- Association: Yes
- Association Amenities: Pool
- Association Fee Includes: Insurance, Maintenance Grounds, Management, Pool, Trash
- Calculated Total Monthly Association Fees: 289
- Pets Allowed: Number Limit, Size Limit, Yes
- Pet Description: Pet Restrictions: It is recommended that a Buyer review the community documents to verify the accuracy of the pet restrictions and for specific details regarding pet restrictions. The listing info in this section is believed to be accurate, but is not guaranteed., Pet Size: Medium (36-60 Lbs.), Max Pet Weight: 40, Number Of Pets: 2
Condo Info
- Unit Floor In Building: 1
Rental Info
- Lease Term: Minimum Lease: 5 Months
Amenities and Community Features
- Community Features: Community Mailbox, Deed Restrictions, Pool
Other Property Info
- Annual Tax Amount: 2158
- Source Listing Status: Active
- County: Alachua
- Directions: From SW 34th ST, head east on Old Archer Rd. Capstone Quarters is off Old Archer Rd right before Brandywine. Unit is in Building O and located on the back side of the building on the second floor
- Tax Year: 2023
- Ownership: Condominium
- Source Property Type: Residential
- Area: 32608 - Gainesville
- Property Subtype: condo
- Source Neighborhood: CAPSTONE QUARTERS CONDO
- Parcel Number: 06774-010-505
- Postal Code Plus 4: 1891
- Subdivision: CAPSTONE QUARTERS CONDO
- Township: 10
- Zoning: MULTI-FAM
- Property Features: Condo Fees: 289 Monthly
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 800
- Year Built: 1998
- Building Area Source: Public Records
- Building Area Total: 800
- Building Name: O
- Direction Faces: West
- Foundation Details: Slab
- Levels: One
- Property Age: 26
- Roof: Shingle
- Levels or Stories: 2
- Building Total Stories: 2
Utilities
- Sewer: Public Sewer
- BB/HS Internet Available
- Cable Available
- Electricity Available
- Sewer Available
- Water Available
- Water Source: Public