$1,099,000
Pending

722, 732, 734 NE 3RD AVENUE

Gainesville, FL 32601
15 beds | 0.69 acres | #GC523600
Browse 79 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Under contract-accepting backup offers. 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!

  • Property Details
      • Utility FeaturesBB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
      • SubdivisionDOIG & ROBERTSON
      • InteriorCeiling Fans(s)
      • Exterior MaterialsLighting, Other
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti-Family
      • Original List Price$1,199,000
      • MLS #GC523600
      • MLS #GC523600
      • CountyAlachua
      • Taxes Annual$13,730
      • Cost1099000
      • Utility SourcePublic
      • Acres0.69
      • Year Built1930
      • FoundationSlab
      • Days on Market (Cumulative)164
      • Bedrooms15

Location

Don - SeawindsSeawinds Realty, Inc.
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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