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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

1102 NW 3RD, GAINESVILLE, FL 32601

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Multi Family 7 bedrooms - BROWNS ADD -HICKSON REP for Sale

1102 NW 3RD, GAINESVILLE, FL 32601

Asking Price$698,000

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  • Days on market:

    1 day(s)

  • Original Price:

    $698,000

  • Price per sqft:

    $246.99

  • Tax Legal Description:

    BROWN ADDN BK 11 PB A-64 HICKSON REPLAT PB B-50 LOT 26 OR 4587/0062

  • Tax Year:

    2024

  • Property Type:

    Multi Family

  • Construction Type:

    Wood Frame

  • Roof:

    Metal

  • Cooling Description:

    Mini-Split Unit(s)

  • Heating Description:

    Electric

  • Interior Features:

    Solid Wood Cabinets

  • Exterior Features:

    Private Mailbox

  • Special Listing Conditions:

    None

Description

$698,000 • seven bedroom(s) • living size area 2826 sqft

Midtown investment opportunity | 6/2 duplex + 1/1 studio – fully leased through july 2026 located in the heart of gainesville’s midtown district, just steps from uf and surrounded by high-demand student housing, this property offers immediate income and long-term upside. the 2,800 sq. ft. duplex features two spacious 3-bedroom/1-bath units, each with a full kitchen and in-unit washer/dryer. a detached 1-bedroom/1-bath studio (~500 sq. ft.) adds even more rental flexibility. currently generating $4,800/month in gross rent and fully leased through july 2026, this property provides investors with stable cash flow today and strong potential for higher returns at lease renewal. with unbeatable walkability to campus, nightlife, and downtown, and consistent student demand year after year, this 3-unit property is a turnkey investment in one of gainesville’s most sought-after rental markets.

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