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
August 23, 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
42
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 8/23/2024, 11:57 AM UTC
