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One or more photo(s) has been virtually staged. This townhome is already rented, making it an excellent turnkey investment opportunity in the highly desirable gated community of Magnolia Place. Located just minutes from top-rated schools, shopping, restaurants, and I-75, this 2-bedroom, 2.5-bath unit offers stable rental income in a prime Gainesville corridor. The main level features beautiful wood flooring, a guest half bath, and a fully equipped kitchen with all appliances, including an in-unit washer and dryer. A screened-in porch overlooks a peaceful green space, providing added privacy and an outdoor storage closet perfect for bikes or tools. Upstairs, you’ll find two primary suites, each with its own private bathroom. One suite includes a large walk-in closet, and the laundry closet is conveniently located between the bedrooms for easy access. Additional investor advantages include a brand new AC unit, reducing future maintenance concerns, and improving long-term operating costs.
Magnolia Place offers a full suite of amenities covered by the HOA: exterior maintenance, pest control, community pool, fitness center, tennis court, clubhouse, and more. With assigned parking at the doorstep and a low-maintenance community structure, this property is an ideal hands-off investment for anyone seeking reliable returns in a growing Gainesville market.
The income description goes here to explain
| List Price | $209,900 |
| Property Type | Condo/Co-Op |
| Usable Sqft | 1,275 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 2003 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $236 |
| Association Name: | MAGNOLIA PLACE TOWNHOMES |
| Association Amenities: | Unknown |
| APN # | 06061080802 |
| MLS # | GC530660 |
| Property ID | 321772643 |
| Lot Sqft | Unknown |
| Zoning | RESIDENTIA |
| Days on Market | 299 |
| Original List Price | $215,000 |
| Applicances | Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer% |
| Date Updated | February 14, 2026 |
| Date Created | May 06, 2025 |
Vincent Hampton an agent of . Lic #3275347
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of February 14, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT