$980,000
$1,099,000
10.8%For more information regarding the value of a property, please contact us for a free consultation.
15 Beds
9 Baths
7,558 SqFt
SOLD DATE : 01/19/2025
Key Details
Sold Price $980,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,558 sqft
Price per Sqft $129
Subdivision Doig & Robertson
MLS Listing ID GC523600
Sold Date 01/19/25
Bedrooms 15
Construction Status Inspections,Other Contract Contingencies
HOA Y/N No
Originating Board Stellar MLS
Year Built 1930
Annual Tax Amount $13,730
Lot Size 0.690 Acres
Acres 0.69
Property Description
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!
Location
State FL
County Alachua
Community Doig & Robertson
Zoning U-2
Interior
Interior Features Ceiling Fans(s)
Heating Gas, Other
Cooling Mini-Split Unit(s), Wall/Window Unit(s)
Fireplace true
Laundry Laundry Room, Other
Exterior
Exterior Feature Lighting, Other
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
Roof Type Metal,Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Concrete,Wood Frame,Wood Siding
New Construction false
Construction Status Inspections,Other Contract Contingencies
Others
Senior Community No
Ownership Fee Simple
Membership Fee Required None
Special Listing Condition None
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© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with ALLIGATOR REALTY INC.
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