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Gelfand Realty Miami Properties - Multi Family

3714 SW 42, GAINESVILLE, FL 32608

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Multi Family -

3714 SW 42, GAINESVILLE, FL 32608

Sold Price$1,242,500 Asking Price$1,320,000

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  • Days on market:

    161 day(s)
  • Original Price:

    $1,320,000
  • Price per sqft:

    $366.46
  • Tax Legal Description:

    COM SW COR SEC S 32 DEG E 7.59 FT N 57 DEG E 2126.15 FT N 32 DEG W 640.11 FT S 57 DEG W 40 FT POB S 57 DEG W 595.43 FTN 41 DEG W 20.82 FT N 48 DEG E 227.71 FTN 16 DEG E 212.44 FT SELY ALG CURVE 216.80 FT S 77 DEG E 36.07 FT S 32 E82.05 FT POB AKA POD A & PARCEL VII OR 2212/1181
  • Tax Year:

    2009
  • Property Type:

    Multi Family
  • Parking:

    Over 30 Spaces
  • Roof:

    Built-Up
  • Cooling Description:

    Other
  • Heating Description:

    Other
  • Lot Features:

    Other

Description

$1,320,000 • living size area 3602 sqft

Tremendous nnn income producing investment opportunity in the heart of gainesville''s busiest commercial corridor. this property is under lease by steak ''n'' shake, with 6+ years remaining on the original lease and 4 available extensions. with an attractive noi, including a base + percentage nnn rent structure, this property is priced well at an 8.35 cap. property has signage on i-75 and is adjacent to butler plaza. *occupant/business is not for sale*

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