Investor opportunity. This 2,600 square foot range “shell” is being offered for sale with the lot that borders the property on the North side. Current owner originally had ideas to convert this structure into a duplex. Though not currently reflected on the County Property appraiser site, owner had talks with the City of Gainesville. They were reportedly amenable to putting multi-family or single family homes with Adu’s on both lots. For an experienced investor, the shell is worth it to keep. Beyond that, it will truly be a full renovation/restoration job. There is opportunity here for someone with vision, know how, & resources. Seller highly prefers to sell the lot with the shell & the adjoining lot together, but if sold separately, he is asking 134,900 for the lot with the shell & 24,900 for the lot bordering on the North. Call for more information & to discuss. Seller is an experienced investor. Do not be afraid to make reasonable offers. Keep in mind seller is motivated, but not desperate or a fool. Let’s make a win/win happen with this opportunity. Call today to discuss. (Seller is not willing to consider owner financing at this time.) Cash only.
Property Details
Price:
$159,900
MLS #:
GC526472
Status:
Active
Beds:
4
Baths:
1.5
Address:
668 NE 16TH TERRACE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
NEW GV ROSEMARY SUB REP
Neighborhood:
32641 – Gainesville
City:
GAINESVILLE
Listed Date:
Nov 24, 2024
State:
FL
Finished Sq Ft:
2,640
Total Sq Ft:
2,640
ZIP:
32641
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
1948
Schools
Interior
Appliances
None
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
None
Flooring
Hardwood
Heating
Other
Laundry Features
Other
Exterior
Construction Materials
Block, Concrete
Exterior Features
Other
Roof
Shingle
Financial
Tax Year
2023
Taxes
$3,132
Map
Community
- Address668 NE 16TH TERRACE GAINESVILLE FL
- SubdivisionNEW GV ROSEMARY SUB REP
- CityGAINESVILLE
- CountyAlachua
- Zip Code32641
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Courtesy of ENGEL & VOLKERS GAINESVILLE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
668 NE 16TH TERRACE
GAINESVILLE, FL
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