Six Unit Multi-Family in Duckpond - Gainesville, FL Listing Details & Market Data

716 Northeast 4th Avenue, Gainesville, FL 32601

  • For Sale $1,500,000
  • 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

Contacts

broker

Brian Oen

BHGRE Commercial Thomas Group

(352) 234-4331

Location

Getting Around

  • Walk Score ®

    Very Walkable (74)

  • Bike Score ®

    Biker's Paradise (98)
Powered by Walk Score ®
  • 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

  • Swamp Religion

    0.25 miles

  • Waffle House

    0.29 miles

  • McDonald's

    0.32 miles

  • Hungry Howie's

    0.35 miles

  • Steamers

    0.49 miles

  • East End Eatery

    0.52 miles

  • V Pizza & SideCar

    0.52 miles

  • The Top

    0.53 miles

  • Dragonfly Sushi Company

    0.54 miles

  • Original American Kitchen

    0.54 miles

  • Early Intervention Center

    0.65 miles

  • Loga Springs Academy

    0.81 miles

  • Santa Fe College Downtown Campus

    0.83 miles

  • Joseph Williams Elementary School

    0.85 miles

  • Saint Patricks School

    0.87 miles

  • Abraham Lincoln Middle School

    0.91 miles

  • Howard W Bishop Middle School

    1.00 miles

  • W A Metcalfe Elementary School

    1.11 miles

  • Sidney Lanier Center

    1.11 miles

  • Loblolly Learning Community

    1.15 miles

  • Learning Path

    1.42 miles

  • Open Arms Child Development

    1.80 miles

  • Baby Gator

    2.71 miles

  • The Sunshine House

    3.50 miles

  • A Child's Academy

    3.84 miles

  • Garden Gate Nursery

    4.59 miles

  • La Petite Academy

    5.00 miles

  • Stepping Stones Nursery School

    5.32 miles

  • O2B Kids

    5.89 miles

Contact Listing Broker

broker

Brian Oen

BHGRE Commercial Thomas Group

(352) 234-4331