Active

722, 732, 734 NE 3RD AVE

GAINESVILLE FL, 32601

$1,199,000


$158.64 per sqft

Active

15 Beds

9 Baths

7,558 sqft

Multi-family

Built in 1930

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!

GC523600

MLS ID

July 10, 2024

Listed

July 14, 2024

Updated

Map

722, 732, 734 NE 3RD AVE
GAINESVILLE FL, 32601

Interior Features

Bedrooms

15


Total Bathrooms

9


Interior Features

Ceiling Fans(s)


Laundry Description

Laundry Room, Other


Fireplace

Yes


Cooling

Yes


Cooling Description

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


Heating

Yes


Heating Description

Gas, Other

Exterior/Building Features

Lot Size

0.69 Acres


Exterior Features

Lighting, Other


Roof

Metal, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

32601 - Gainesville


Taxes

$13,730


Tax Frequency

Annually


Days on Market

3


Garage

No


View

No


County

Alachua


Municipality

10


Water Source

Public


Pool

No


Zoning

U-2

Listed by UNIVERSITY REALTY
Listing Contact: 352-327-9500 

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Data last updated 7/14/2024, 6:18 AM UTC

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