NW 31st Pl, Gainesville, FL 32605

Price: $157,9k | ARV: $230k GAINESVILLE | RENTAL GOLD NEAR UF | LOW MAINTENANCE BLOCK 🛏 2 BED / 1 BATH 📐 1,032 Sqft 🏗 Block Construction 📆 1971 🔧 KEY UPDATE ✔️ Water Heater: 2022 📊 COMPS • 3861 NW 19th St • 1941 NW 34th Ave 💡 WHY THIS DEAL MAKES SENSE ✔️ Block construction = durability + lower maintenance costs ✔️ Proximity to University of Florida = strong rental demand ✔️ Functional layout with additional usable space ✔️ Enclosed garage adds flexible square footage (rent premium potential) ✔️ Located in established neighborhood = stable tenant base 🌴 VALUE-ADD OPPORTUNITIES ✔️ Light cosmetic updates to increase rental value ✔️ Convert enclosed garage into additional living/bedroom space ✔️ Optimize layout for student or long-term rental strategy ✔️ Backyard space can be enhanced for tenant appeal 🏡 EXTERIOR ADVANTAGE ✔️ Backyard with covered porch = outdoor usability ✔️ Metal storage shed = added functionality ✔️ Low maintenance lot 📍 LOCATION = CONSISTENT CASH FLOW Less than 10 minutes to the University of Florida and under a mile to Greentree Park and Alfred A. Ring Park—prime for student or workforce housing demand 💰 IDEAL FOR Buy & Hold / Student Rental / Light Value-Add Flip