Investor Alert! This well-positioned condo, currently tenant-occupied until June 2024, offers a seamless transition into a high-demand rental property or a comfortable residence for its new owner. Nestled in the heart of Gainesville, just minutes away from the renowned University of Florida, Santa Fe College, and Shands Hospital, this condo enjoys a prime location with easy access to all the amenities and conveniences of city living. Features include a new AC installed in October 2022, elegant hardwood floors, stainless steel appliances, and granite counters in the kitchen. Relax on the private screened porch and benefit from an outdoor storage closet. Enjoy the added convenience of a reserved parking space right in front of the unit, which was purchased and conveys with the sale of the unit. Magnolia Place Townhomes, a gated community, offers a pool, BBQ areas, playground, clubhouse with a theater and fitness room. Don't miss this opportunity to add a lucrative asset to your portfolio. Schedule a viewing today!