Skip To Content

716 NE 4th Avenue

Gainesville, FL 32601
  • $1,500,000
  • STATUS: Active
  • ON SITE: 76 Days
  • MLS #: GC519888
UPDATED: 202 min ago
$1,500,000
  • 12
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,501
    SQFT
  • $231
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

Description

Six-unit fully remodeled Multifamily Opportunity located in the well-established and highly desirable Duckpond area near Downtown Gainesville, Florida. All units are 2 beds/ 1 bath with in-place rents averaging $1,867/month and all capx has been completely done. Great place to park your money safely and watch it grow over time. These spacious 2-bedroom units average 1084/sqft each. These units were built in 1930 and 1940, 2-story, 3 buildings with 2 being concrete block and one being frame, and they sit on a spacious 0.41-acre lot. All 3 buildings include new roofs (2022, 2023), new Trane central heating & cooling units, new gas tankless water heaters, fully updated plumbing with supply lines and sewer lines, all new electrical panels, wiring, outlets, and switches, and full interior renovations. Landlord currently provides three washer/dryer hookups with washers and dryers (one for each building). There is the potential of adding more washer/dryer hookups either in the units themselves or the 6 individual garages under the back building. Tenant pays all utilities including water, sewer, and trash.

Monthly Payment Calculator




© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-05-23T23:49:43.197.
www.momentumrealtors.com/homes/148407538
Print Image

716 NE 4th Avenue Gainesville, FL 32601

  • Price: $1,500,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 202 min ago
  • MLS #: GC519888
12
Beds
0
Baths
0
½ Baths
0.41
Acres
6,501
SQFT
$231
$/SQFT
1940
Built
Neighborhood:
Doig & Robertson
County:
Alachua
Area:
Gainesville
Property Description
Six-unit fully remodeled Multifamily Opportunity located in the well-established and highly desirable Duckpond area near Downtown Gainesville, Florida. All units are 2 beds/ 1 bath with in-place rents averaging $1,867/month and all capx has been completely done. Great place to park your money safely and watch it grow over time. These spacious 2-bedroom units average 1084/sqft each. These units were built in 1930 and 1940, 2-story, 3 buildings with 2 being concrete block and one being frame, and they sit on a spacious 0.41-acre lot. All 3 buildings include new roofs (2022, 2023), new Trane central heating & cooling units, new gas tankless water heaters, fully updated plumbing with supply lines and sewer lines, all new electrical panels, wiring, outlets, and switches, and full interior renovations. Landlord currently provides three washer/dryer hookups with washers and dryers (one for each building). There is the potential of adding more washer/dryer hookups either in the units themselves or the 6 individual garages under the back building. Tenant pays all utilities including water, sewer, and trash.
Exterior Features

Attached Garage Yn Yes Carport Yn No Construction Materials BlockConcreteWood Frame Covered Spaces 6 Exterior Features BalconyCourtyardFencedFrench DoorsStorage Foundation Details Crawlspace Pool Private Yn No Road Surface Type Gravel Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Central Air Cooling YN Yes Fireplace Yn No Heating CentralElectric Heating YN Yes Interior Features Living Room/Dining Room ComboSolid Surface CountersThermostat Laundry Features Electric Dryer HookupWasher Hookup Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 92323 Association Yn No Cdd Yn No Flood Zone Code X Garage Yn Yes New Construction Yn No Ownership Fee Simple Property Sub Type Multi Family Senior Community Yn No Special Listing Conditions None Tax Annual Amount 12410 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet AvailableElectricity ConnectedPublicSewer ConnectedWater Connected Zoning RMF5


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of BHGRE THOMAS GROUP: 352-226-8228.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-05-23T23:49:43.197.
 
https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_2_GC519888-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_2_GC519888-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_2_GC519888-2.jpg
Logo
Momentum Realty
12627 San Jose Blvd. 303
Jacksonville FL, 32223