Six Unit Multi-Family in Duckpond - Gainesville, FL

For Sale

716 Northeast 4th Avenue, Gainesville, FL 32601

This Gainesville property for sale is located at 716 Northeast 4th Avenue. The current listed sale price for Six Unit Multi-Family in Duckpond - Gainesville, FL is $1,500,000. Six Unit Multi-Family in Duckpond - Gainesville, FL is situated on a lot that is 0.41 acre in size.

Contacts

broker

Brian Oen

BHGRE Commercial Thomas Group

(352) 234-4331

Property Details

  • Property Type Multi-Family
  • Property Size 6,501 SF
  • Units 6
  • Lot Size 0.41 Acre
  • Date Updated Apr 10, 2024
Duckpond Area of Downtown Gainesville, FloridaSix fully remodeled units priced right in downtown Gainesville, FL

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Highlights

  • 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.
  • Debt quote available from Franklin Street, insurance quoted by Real Protect

Getting around

  • 74/100

    Walk Score ®

  • 98/100

    Bike Score ®

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Location

  • City Gainesville, FL
  • Neighborhood Duckpond - Highland Court Manor
  • Zip Code 32601
  • Market North Central Florida

Points of Interest

  • Wawa

    0.35 miles

  • Kangaroo Express

    1.01 miles

  • BP

    1.10 miles

  • Refresh

    1.17 miles

  • GATE

    1.38 miles

  • Citgo

    1.50 miles

  • Mobil

    1.59 miles

  • Sunoco

    1.73 miles

  • Shell

    2.64 miles

  • Kangaroo Express

    3.12 miles

  • Lot 10

    0.64 miles

  • Ayers Plaza Parking lot

    0.97 miles

  • Ayers Plaza Overflow Parking

    1.12 miles

  • Norman Garage

    1.41 miles

  • Norman Field Lot Parking

    1.43 miles

  • Tigert Hall Parking

    1.49 miles

  • Yulee Reid Parking

    1.49 miles

  • Fine Arts C Parking

    1.51 miles

  • Cypress Parking

    1.52 miles

  • Housing Orange Parking

    1.56 miles

  • Hampton Inn & Suites Gainesville-Downtown

    0.51 miles

  • Holiday Inn Gainesville University Center

    1.32 miles

  • AC Hotel by Marriott Gainesville Downtown

    1.39 miles

  • Shands Guest House

    1.93 miles

  • Days Inn by Wyndham Gainesville University

    1.94 miles

  • Reitz Union Hotel

    1.95 miles

  • Wyndham Garden Inn

    2.61 miles

  • Hilton

    3.66 miles

  • Aloft Gainesville University Area

    3.92 miles

  • Fairfield Inn & Suites by Marriott Gainesville I-75

    4.46 miles

  • Publix

    0.81 miles

  • Chun Ching Supermarket

    0.82 miles

  • Walmart Supercenter

    1.12 miles

  • Publix

    1.33 miles

  • Target

    1.37 miles

  • Winn-Dixie

    1.42 miles

  • Ward's Supermarket

    1.50 miles

  • Burlington

    1.92 miles

  • ALDI

    2.60 miles

  • Publix

    2.66 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Brian Oen

BHGRE Commercial Thomas Group

(352) 234-4331