722, 732, 734 Ne 3rd Ave

GAINESVILLE, FL 32601

About this property

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!

About this property

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!

Features and Additional Information

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$1,199,000 Active
7,558 SQFT

Presented By Bridge Point Business and Real Estate Advisor

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1-352-327-9500
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Area Information

32601 Gainesville | Alachua County | DOIG & ROBERTSON

$ 1,199,000
This listing is play_arrow 7.2% lower than the average in the area
$ 1,292,000 in the area
7,558 SqFt
This listing is play_arrow 7.5% larger than the average in the area
7,030 SqFt in the area
$ 159 $/SqFt
This listing is play_arrow 14.6% less than the average in the area
$ 186 $/SqFt in the area
16 days on site
This listing is play_arrow 79.4% below the average in the area
78 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Eric Leightman
Brokerage: UNIVERSITY REALTY

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