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722, 732, 734 NE 3RD AVENUE

Multi-family For Sale
$1,199,000

BTC: 18.21462633

ETH: 450.71460255

80 days
15 bds
7,558 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

9 units in the Duck Pond for just $133,222 per unit, fully rented through July 30, 2025! Rare opportunity for an investor to come in and capitalize on a great deal. Each property is unique and full of character, and most units have beautiful real wood floors with large spacious yards. 722 NE 3rd Ave has four different 2 bed/1 bath units and a new roof as of September 2023. 732 has two large 2 bed/1 bath units with an upgraded mini-split system, and 734 has three cozy but spacious 1 bed/1 bath units, and was re-piped in 2018. Zoned U-2 allowing 15 units/acre, there are multiple open spaces to build on the .69 acre assemblage of 3 different parcels, creating value-add and upgrade opportunities to build additional unit(s) as well as accessory dwelling units. Just 3.5 blocks from the Sweetwater Branch Inn and a half mile from City Hall, this property is in the heart of Gainesville with so much just blocks away!

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1930
Lot:
0.69 Acres
Heating:
Natural Gas / Other
Price/sqft:
$159
Cooling:
Mini-Split Unit(s) / Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Natural Gas

    • Other

    Cooling

    • Mini-Split Unit(s)

    • Wall/Window Unit(s)

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 15

  • Property

    • Exterior Features: Lighting / Other

    Lot

    • Lot: 0.69 Acres

    Other Property Information

    • Parcel Number: 11877000000

    • Zoning: U-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $13,730

  • Source details

    • MLS ID: GC523600

    Other facts

    • Construction Materials: Concrete / Wood Frame / Wood Siding

    • Foundation Details: Slab

    • Laundry Features: Laundry Room / Other

    • Fireplace: Yes

    • Living Area: 7558

    • Water Source: Public

    • Subdivision Name: DOIG & ROBERTSON

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: UNIVERSITY REALTY