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.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 12 x 14
- Primary Bedroom Level: Second
Other Rooms
- Total Rooms: 3
- Living Room Dimensions: 14 x 22
- Living Room Level: First
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Interior Features
- Ceiling Fans(s)
- High Ceilings
- Living Room/Dining Room Combo
- Thermostat
- Walk-In Closet(s)
- Flooring: Carpet, Laminate
Appliances
- Cooktop
- Dishwasher
- Dryer
- Microwave
- Refrigerator
- Washer
- Laundry Features: Laundry Closet
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Kitchen and Dining
- Kitchen Dimensions: 6 x 12
- Kitchen Level: First
Exterior and Lot Features
- Sliding Doors
- Storage
- Road Surface Type: Asphalt, Paved
Homeowners Association
- Association: Yes
- Association Fee: 236
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 236
- Association Name: MAGNOLIA PLACE TOWNHOMES
- Association Phone: 3523774977
- Pets Allowed: Cats OK, Dogs OK
Condo Info
- Unit Floor In Building: 2
Rental Info
- Lease Term: Minimum Lease: No Minimum
Amenities and Community Features
- Community Features: Clubhouse, Pool, Sidewalks
Other Property Info
- Annual Tax Amount: 3235.32
- Source Listing Status: Active
- County: Alachua
- Directions: From I-75 and NW 39th Avenue (Exit 390), head east on NW 39th Avenue. Turn left onto NW 51st Street and continue to the gated entrance of Magnolia Place. Once inside the gate, make a left and follow the road to NW 44th Lane. The building will be on your left.
- Tax Year: 2024
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: 32606 - Gainesville
- List Development Name: Magnolia Place
- Property Subtype: condo
- Source Neighborhood: MAGNOLIA PLACE TWNHMS
- Parcel Number: 06061-080-802
- Postal Code Plus 4: 7633
- Public Survey Range: 19
- Public Survey Section: 22
- Subdivision: MAGNOLIA PLACE TWNHMS
- Township: 09
- Zoning: RESIDENTIA
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1275
- Year Built: 2003
- Building Area Source: Public Records
- Building Area Total: 1275
- Building Name: 5062
- Construction Materials: Brick, Vinyl Siding, Frame
- Direction Faces: South
- Foundation Details: Slab
- Levels: Two
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 22
- Roof: Shingle
- Levels or Stories: 1
- Building Total Stories: 1
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Connected
- Natural Gas Available
- Public
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source: Public
