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Gelfand Realty Miami Properties - Multi Family

730 NE 10TH, GAINESVILLE, FL 32601

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Multi Family - Not In Subdivision

730 NE 10TH, GAINESVILLE, FL 32601

Sold Price$163,200 Asking Price$184,900

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  • Days on market:

    120 day(s)
  • Original Price:

    $184,900
  • Price per sqft:

    $56.03
  • Tax Legal Description:

    ELLIOT/LENGLE ADD DB J-230 SW1/4 OF BK 3RG 9 OR 4133/0430
  • Tax Year:

    2012
  • Property Type:

    Multi Family
  • Parking:

    Assigned Other
  • Furnished Info:

    Unfurnished
  • Construction Type:

    Wood FrameConcrete Metal Frame
  • Roof:

    ShingleMetal
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Wall Units / Window Unit
  • Floor Description:

    Tile Hardwood
  • Interior Features:

    Other
  • Equipment/Appliances:

    RefrigeratorElectric Water Heater

Description

$184,900 • living size area 3300 sqft

Duck pond multi-unit. currently rents for $2,500 per month. some repairs and reconfiguration required but for the investor interested in meaningful return on investment and owning (and perhaps living) in the historic duck pond the value is truly here. three structures: main house is currently a duplex but needs to be reclaimed as a single unit. this reclamation will generate higher rents. garage conversion is two units but needs to be reduced to a single unit. the cottage on the corner is fully functional. all units need updating to some degree which should also result in higher rents.

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