Welcome to an exceptional investment opportunity in one of NW Gainesville’s most desirable locations. This handyman special is ready to be reimagined, offering savvy investors and visionaries a rewarding project with significant upside potential. The property currently sits on a single double lot, and the seller will complete a formal lot split at their cost prior to or at closing, ensuring each parcel stands independently with proper legal descriptions and survey lines in place. This flexibility opens the door for creative use options, whether retaining both parcels or selling one for additional value. In the event a buyer is interested in purchasing the adjoining vacant lot as well, the seller will consider all reasonable offers. Adding even more appeal, a separate detached structure on site offers excellent potential for conversion into a mother in law suite, office, or workshop, expanding the property’s versatility and income potential. While the main residence does require repairs, it provides the perfect canvas for renovation, restoration, and transformation, making this hidden gem a rare opportunity to create something truly special in a prime Gainesville neighborhood. See lot split exhbit in pictures.
MLS#: | GC533276 |
Price: | $135,000 |
Square Footage: | 1138 |
Price / Square Foot: | $118.63 |
Bedrooms: | 3 |
Bathrooms: | 1 Full, 1 Half |
Acreage: | 0.31 |
Year Built: | 1950 |
HVAC: | None, Central Air |
Exterior Features: | Garden,Storage |
Elementary School: | Glen Springs Elementary School-AL |
Middle School: | Westwood Middle School-AL |
High School: | Gainesville High School-AL |
Virtual Tour: | Click here |
Listing Courtesy Of: | BOSSHARDT REALTY SERVICES LLC - 352-371-6100 |