Gainesville, FL 32601,508 NE 4th AVE
Gainesville, FL 32601,508 NE 4th AVE
Gainesville, FL 32601,508 NE 4th AVE
30
$1,125,000
$1,195,000
5.9%
Est.Price: ?

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9,182 SqFt

508 NE 4th AVE Gainesville, FL 32601

Est. payment /mo
SOLD DATE : 07/14/2021

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Key Details

Sold Price $1,125,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 9,182 sqft

Price per Sqft $122

Subdivision Duck Pond

MLS Listing ID GC444265

Sold Date 07/14/21

HOA Y/N No

Year Built 1969

Annual Tax Amount $11,165

Property Description

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!

Location

State FL

County Alachua

Community Duck Pond

Interior

Heating Central, Electric

Cooling Central Air

Furnishings Unfurnished

Appliance Cooktop, Freezer, Oven, Refrigerator

Laundry Outside

Exterior

Porch Patio

Building

Lot Description Corner Lot

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Structure Type Block,Cement Siding,Concrete

Others

Acceptable Financing Cash

Membership Fee Required None

Listing Terms Cash

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Stellar MLS
Listed by Cross Keys Realty, Inc.
Bought with BHGRE Thomas Group

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Matthew Nagy

Agent | License ID: SL3500443

+1(814) 931-1477

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