Skip To Content

203 NE 40th Lane

Gainesville, FL 32609
  • $255,000
  • STATUS: Active
  • ON SITE: 181 Days
  • MLS #: G5085813
Price Reduced
$255,000
  • 4
    BEDS
  • 1.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,800
    SQFT
  • $142
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1983
County:
Area:

School Information

Description

New Roof Installed October 2024. Now offering $5,000 credits for closing or rate buy downs. Discover this exceptional investment opportunity in the heart of Gainesville! This property has been owned by the same owner as an investment for 30 years and now it's your turn. One side is vacant. A great potential to live in one side and rent the other. Nestled in the peaceful and desirable Pine Forest Estates, this well-maintained duplex offers the perfect blend of comfort, convenience, and potential rental income. Currently rented on both sides of this duplex, with a large lot and fenced in yard. This property is close to schools, shopping, dining, and the University of Florida. it would be ideal for investors or homeowners looking to live in one unit and rent out the other. Don't miss out on this unique opportunity to own a duplex in the heart of Gainesville. Unit 1: 2 Bedrooms, 1 Bathrooms Unit 2: 2 Bedrooms, 1 Bathrooms Lot Size: 1.15 acres Parking: Ample parking for residents and guests (4 spaces) Outdoor Space: Spacious backyard with mature trees, fenced in yard

Monthly Payment Calculator




© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-12T23:45:15.53.
www.23realtyteam.com/homes/153685071
Print Image

203 NE 40th Lane Gainesville, FL 32609

  • Price: $255,000
  • Status: Active
  • On Site: 181 Days
  • MLS #: G5085813
4
Beds
2
Baths
0
½ Baths
1.15
Acres
1,800
SQFT
$142
$/SQFT
1983
Built
Neighborhood:
Pine Forest Estates
County:
Alachua
Area:
Gainesville
Elementary School:
Stephen Foster Elementary School-Al
Middle School:
Westwood Middle School-Al
High School:
Eastside High School-Al
Property Description
New Roof Installed October 2024. Now offering $5,000 credits for closing or rate buy downs. Discover this exceptional investment opportunity in the heart of Gainesville! This property has been owned by the same owner as an investment for 30 years and now it's your turn. One side is vacant. A great potential to live in one side and rent the other. Nestled in the peaceful and desirable Pine Forest Estates, this well-maintained duplex offers the perfect blend of comfort, convenience, and potential rental income. Currently rented on both sides of this duplex, with a large lot and fenced in yard. This property is close to schools, shopping, dining, and the University of Florida. it would be ideal for investors or homeowners looking to live in one unit and rent out the other. Don't miss out on this unique opportunity to own a duplex in the heart of Gainesville. Unit 1: 2 Bedrooms, 1 Bathrooms Unit 2: 2 Bedrooms, 1 Bathrooms Lot Size: 1.15 acres Parking: Ample parking for residents and guests (4 spaces) Outdoor Space: Spacious backyard with mature trees, fenced in yard
Exterior Features

Carport Yn No Construction Materials Concrete Direction Faces Northeast Exterior Features Other Foundation Details Slab Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances DishwasherExhaust FanMicrowaveRangeRefrigerator Building Area Total 1800 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Tile Furnished Unfurnished Heating Central Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Inside Levels One Sewer Public Sewer Stories Total 1 Water Source Public

Property Features

Association Approval Required Yn No Association Fee Includes None Association Montly Maint Amt Add To Hoa 0 Association Yn No Building Name Number 203 Cdd Yn No Community Features None Condo Land Included Yn No Down Payment Resource Yes Flood Zone Code X Floor Number 1 Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Minimum Lease No Minimum Month To Month Or Weekly Yn Yes New Construction Yn No Ownership Fee Simple Property Sub Type Condominium Senior Community Yn No Special Listing Conditions None Tax Annual Amount 2228.23 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected Zoning RMF5


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of BOFFO REAL ESTATE GROUP LLC: 352-427-1072.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-12T23:45:15.53.
 
https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_G5085813-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_G5085813-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_G5085813-2.jpg
Logo
23 Realty Team
1740 SE 18th Street, Suite #901
Ocala FL, 34471