307 NW 27th Street

Under contract-accepting backup offers. Offered is an exceptional investment opportunity in one of Gainesville’s most desirable rental locations, just steps from the University of Florida Law School and close to all other UF facilities. This property has been owned by the same family since the 1980's and utilized by multiple generations of UF graduates and close friends but the time has come to give an other family an affordable opportunity. Located on a corner lot in the popular oak canopied Hibiscus Park neighborhood which has a mix of established homes and new construction, this property offers the rare combination of strong rental appeal, everyday convenience, and long-term value appreciation. Owners or tenants will love the ability to walk or bike to campus and all sports venues while enjoying a quiet residential setting close to Publix, shopping centers, restaurants, public transit and all that the UF Campus has to offer. This quaint 2 bedroom, 1 bath home has a versatile layout designed for both comfortable living, private study spaces and great rental potential. The light bright open layout has had upgrades over the years to include a roof in 2019, HVAC in 2019, and windows-electrical-gas lines-kitchen remodel in 2012. The eat-in kitchen has dark mahogany colored cabinets with granite countertops and a stainless appliance package to include a gas range. The main living areas include a living room, dining room and enclosed Florida room which have lots of windows to let in the natural sunlight on those beautiful Gainesville days. The property is hooked up to natural gas which currently services the range, water heater and central heat. The large corner lot has plenty of room for outdoor entertaining, there is ample parking with a double wide driveway and 2 car carport. The carport area has two storage rooms for lawn equipment and one houses the included washer and dryer. With its unbeatable proximity to UF, flexible floor plan, and strong appeal to a wide tenant pool, this property presents an outstanding opportunity for a full time resident or investors seeking a rental in a high-demand location.