716 Northeast 4th Avenue
716 Northeast 4th Avenue
$1,500,000
12
6,501
6,501
$231
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...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.
- Listed by Ken Mears • BHGRE THOMAS GROUP
- Listed by Brian Oen • BHGRE THOMAS GROUP
Property Details for 716 Northeast 4th Avenue
Subdivision Name
DOIG & ROBERTSON
Township10
Garage Spaces6
WaterfrontNo
Location
LISTING UPDATED: 04/25/2024 11:08 AM
Property Details for 716 Northeast 4th Avenue
Status | Active |
---|---|
MLS # | GC519888 |
Days on Market | 52 |
Taxes | $12,410 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi-Family |
Year Built | 1940 |
Lot Size | 0.41 AC / 17,860 SF |
County | Alachua County |
Location
Building Information for 716 Northeast 4th Avenue
Stories-Residences6Year Built1940Building Size-Lot Size0.41 AC / 17,860 SF
Payment Calculator
$9,220 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 716 Northeast 4th Avenue
Property History for 716 Northeast 4th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 716 Northeast 4th Avenue
Taxable ValueLand$189,000Additions$332,193Total$521,193
Tax Record2023$12,410 ($1,034 / month)
Home Facts
Total Finished SqFt2,317 SqFtAbove Grade Finished SqFt2,317 SqFtStories2Lot Size17,860 SqFtStyleDuplexYear Built1940Year Renovated1965ZoningU2CountyALACHUAAPN11870-000-000
Schools near 716 Northeast 4th Avenue
This home is within Alachua.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 5 | |||
Public - | 6 to 9 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
W. A. Metcalfe Elementary School Public1 to 5 | ||
Westwood Middle School Public6 to 9 | ||
Gainesville High School Public9 to 12 | ||
Pace Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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