$1,385,000 $7,435 est/mo Sourced by Back At You

716 NE 4th Ave,GAINESVILLE, FL 32601

GAINESVILLE FL, 32601

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Description

Six-unit fully remodeled Multifamily Opportunity located in the well-established and highly desirable Duckpond area near Downtown Gainesville, Florida. All units are 2 beds/ 1 bath with in-place rents averaging $1,938/month and all capx has been completely done. Great place to park your money safely and watch it grow over time. These spacious 2-bedroom units average 1084/sqft each. These units were built in 1930 and 1940, 2-story, 3 buildings with 2 being concrete block and one being frame, and they sit on a spacious 0.41-acre lot. All 3 buildings include new roofs (2022, 2023), new Trane central heating & cooling units, new gas tankless water heaters, fully updated plumbing with supply lines and sewer lines, all new electrical panels, wiring, outlets, and switches, and full interior renovations. Landlord currently provides four washer and dryers with the potential of adding more washer/dryer hookups either in the units themselves or in one of the 6 individual garages under the back building. Tenant pays all utilities including water, sewer, and trash.

Details

MLS#GC519888
Listing TypeFor Sale
StyleTown House
Sub-TypeFor-sale
StatusActive
Year1940
Days On Site129
Listing Provided ByBHGRE THOMAS GROUP | Brian Oen
Buying Commision2%

Features

Bed(s)12
Bath(s)6
SQ Feet6,501
Garage6
Units6
ZoningU2
Acreage0.41

Market Activity 32601

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of July 15, 2024 at 2:01:51 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyAlachua
CityGAINESVILLE
Zip Code32601
Area32601 Gainesville
Community NameDOIG & ROBERTSON
Listing VS Median (in DOIG & ROBERTSON)
Price:
$1,385,000
low | high
Med:
$1,292,000
56.714801444043% of Average
SqFt:
6,501
low | high
Med:
7,030
41.87048146439% of Average
$ / SqFt:
$213
low | high
Med:
$186
62.768314922959% of Average
On Site:
129
low | high
Med:
67.500000
100% of Average
Sourced by Back At You
Listing Updated: July 11, 2024 at 9:47:46 PM PDT