722, 732, 734 NE 3RD AVE Active

Gainesville,FL 32601

$ 1199000

15 Beds

9 Baths

7558 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,558 sqft

Price per Sqft $158

Subdivision Doig & Robertson

MLS Listing ID GC523600

Bedrooms 15

HOA Y/N No

Originating Board Stellar MLS

Year Built 1930

Annual Tax Amount $13,730

Lot Size 0.690 Acres

Acres 0.69

Property Description

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

State FL

County Alachua

Community Doig & Robertson

Zoning U-2

Interior

Interior Features Ceiling Fans(s)

Heating Gas,Other

Cooling Mini-Split Unit(s),Wall/Window Unit(s)

Fireplace true

Laundry Laundry Room,Other

Exterior

Exterior Feature Lighting,Other

Utilities Available BB/HS Internet Available,Cable Available,Electricity Available,Sewer Available,Water Available

Roof Type Metal,Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Concrete,Wood Frame,Wood Siding

New Construction false

Others

Senior Community No

Ownership Fee Simple

Membership Fee Required None

Special Listing Condition None

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