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Gelfand Realty Miami Properties - Multi Family

508 NE 4TH, GAINESVILLE, FL 32601

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Multi Family - Duck Pond

508 NE 4TH, GAINESVILLE, FL 32601

Sold Price$1,125,000 Asking Price$1,195,000

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  • Days on market:

    68 day(s)
  • Original Price:

    $1,195,000
  • Price per sqft:

    $130.15
  • Tax Legal Description:

    ORIG GAINESVILLE DB H-383 S 150 FT OF W 115 FT OF BK 8 RG 8 OR 3466/1323
  • Tax Year:

    2020
  • Property Type:

    Multi Family
  • Furnished Info:

    Unfurnished
  • Construction Type:

    BlockConcrete Cement Siding
  • Cooling Description:

    Central Air
  • Heating Description:

    ElectricCentral
  • Equipment/Appliances:

    RefrigeratorCooktopFreezer Oven
  • Lot Features:

    Corner Lot

Description

$1,195,000 • living size area 9182 sqft

Great investment opportunity! 8 unit apartment complex in the beautiful historic duckpond neighborhood of gainesville, fl just blocks from the downtown, the new depot park and cade museum. living in the duckpond is truly a unique experience. residents are in love with the turn of the century architecture and history of the surrounding colonial style homes. within walking distance to the downtown which boasts some of the best entertainment, shops, bars, fine restaurants, theatre, parks, open air concerts – the area has a lot to offer. one thing is for sure, everyone who lives downtown loves being so close to the nightlife, a morning cup of coffee at a local cafe or a walk through one of the many parks the area has to offer. not to mention its only 1 mile to the university of florida and 2 miles to shands hospital. each unit has 2 bedrooms & 1.5 baths, central ac/heat, dishwasher, and a personal patio. these units are currently long-term rentals but they are begging to be run as an airbnb/short-term rental, which could double if not triple your income. they could fit 4-8 adults per unit with pull-out sofas. they are not only in the perfect location, they are the perfect size!

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