$185,000
$219,500
15.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
822 SqFt
SOLD DATE : 10/18/2022
Key Details
Sold Price $185,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 822 sqft
Price per Sqft $225
Subdivision Patton Addn
MLS Listing ID GC505678
Sold Date 10/18/22
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Y/N No
Originating Board Stellar MLS
Year Built 1940
Annual Tax Amount $2,202
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 74x140
Property Description
Owner Financing Available (see terms below). Located in Historic High Springs' prime residential neighborhood featuring many of the towns' oldest homes, this property has two dwellings on a single parcel. The front, primary, house has two-bedrooms, one and a half baths, and was built in 1940 of wood inside and out. All walls, ceilings and floors (heart-pine) are of wood. A new HVAC was installed July 8th. Behind the house is a 2-story cottage with two garage spaces below, both with roll-up doors (one in front and one in back), and with two bedrooms and a bath upstairs. It also is built of the same materials as the house and in the same time period. Both have been rentals for many years. Last year they returned a gross income of $24,000. The streets beside this corner parcel carry very little traffic and are well away from busy, noisy highways. It's a nice place to take an afternoon stroll. The downtown business district is eight blocks away as is the post office, library and many popular shops and restaurants. The house and the cottage both have separate addresses and mailboxes. City water and sewer are connected. An ideal situation for the next owner could be to live in the house and rent out the cottage to help offset expenses. The demand for rental homes here is very strong. Owner financing is available with 25% down payment and an interest rate of 8.58% on a term of 30 years with a 5 year balloon payment of the remaining balance.
Location
State FL
County Alachua
Community Patton Addn
Zoning R2
Interior
Interior Features Ceiling Fans(s), High Ceilings, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Wood
Fireplace false
Appliance Dryer, Electric Water Heater, Range, Refrigerator, Washer
Exterior
Exterior Feature Private Mailbox
Utilities Available Electricity Connected, Sewer Connected
Roof Type Metal
Garage false
Private Pool No
Building
Entry Level One
Foundation Crawlspace, Stem Wall
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame, Wood Siding
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Private Financing Available
Listing Terms Cash, Conventional, Private Financing Available
Special Listing Condition None
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