722 732 734 NE 3RD AVENUE GAINESVILLE FL 32601 MLS #GC523600

722 732 734 NE 3RD AVENUE
GAINESVILLE, FL, 32601
$1,199,000
15 Beds
9 Baths
7,558 SqFt
0.69 Acres
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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

Price:
$1,199,000
MLS #:
GC523600
Status:
Active
Beds:
15
Baths:
9
Address:
722 732 734 NE 3RD AVENUE
Type:
Multi Family
Subdivision:
DOIG & ROBERTSON
Neighborhood:
32601 – Gainesville
City:
GAINESVILLE
Listed Date:
Jul 9, 2024
State:
FL
Finished Sq Ft:
7,558
ZIP:
32601
Lot Size:
30,055 sqft / 0.69 acres (approx)
Year Built:
1930
Units:
9
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Schools

Interior

Cooling
Mini- Split Unit(s), Wall/ Window Unit(s)
Heating
Natural Gas, Other
Laundry Features
Laundry Room, Other

Exterior

Construction Materials
Concrete, Wood Frame, Wood Siding
Exterior Features
Lighting, Other
Roof
Metal, Shingle

Financial

Tax Year
2023
Taxes
$13,730

Map

Community

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722 732 734 NE 3RD AVENUE
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