FHA 203K ACCEPTED!! FHA BUYERS CAN PUT THEIR PERSONAL TOUCHES IN THIS ONE. BRAND NEW ROOF. Rare opportunity at 2618 NE 10th Terrace in Northeast Gainesville a solid, block on slab 3 bedroom, 1 bath, 1,010SF home priced to reflect the updates (paint, bathroom, water heater, kitchen) needed for immediate upside. With updated windows already in place, 2016 AC, this property delivers the potential to be a great home for someone for a long time. For investors, it also offers strong cash flow potential in a rapidly appreciating market. Rental abilities should be around $1700/mo long term or more with PadSplit. Safe neighborhood. Ideally situated just minutes from the University of Floridas Main Campus, UF East campus, Butler Plazas 150+ shops and restaurants, and Gainesville Regional Airport. Residents enjoy unparalleled convenience to shopping, entertainment, and more. Outdoor enthusiasts will relish easy access to Paynes Prairie Preserve State Park (10 minute drive for hiking, wildlife viewing, observation tower), Kanapaha Botanical Gardens (15 minutes; home to Floridas largest public bamboo garden), Devils Millhopper Geological State Park (12 minutes), and the Gainesville Hawthorne State Trail (5 minutes) for biking and walking adventures. Comparable block homes in the neighborhood command $200K+, making this home or buy and hold rental an exceptional value play with upside. Schedule your showing today and secure your next great home or investment poised for both cash flow and appreciation.