Active

668 & 670 NE 16TH TER

GAINESVILLE FL, 32641

$159,900


$62.46 per sqft

Active

4 Beds

2 Baths

2,560 sqft

Residential

Built in 1948

Investor opportunity. This 2,600 square foot range "shell" is being offered for sale with the lot that borders the property on the North side. Current owner originally had ideas to convert this structure into a duplex. Though not currently reflected on the County Property appraiser site, owner had talks with the City of Gainesville. They were reportedly amenable to putting multi-family or single family homes with Adu's on both lots. For an experienced investor, the shell is worth it to keep. Beyond that, it will truly be a full renovation/restoration job. There is opportunity here for someone with vision, know how, & resources. Seller highly prefers to sell the lot with the shell & the adjoining lot together, but if sold separately, he is asking 134,900 for the lot with the shell & 24,900 for the lot bordering on the North. Call for more information & to discuss. Seller is an experienced investor. Do not be afraid to make reasonable offers. Keep in mind seller is motivated, but not desperate or a fool. Let's make a win/win happen with this opportunity. Call today to discuss. (Seller is not willing to consider owner financing at this time.) Cash only.

GC526472

MLS ID

November 25, 2024

Listed

December 17, 2024

Updated

Map

668 & 670 NE 16TH TER
GAINESVILLE FL, 32641

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

2


Full Bathrooms

1


Half Bathrooms

1


Interior Features

Accessibility Features


Appliances

None


Laundry Description

Other


Floor Description

Wood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.16 Acres


Exterior Features

Other


Roof

Shingle


Sewer

Other

Other Property Details

Area Name

32641 - Gainesville


Taxes

$3,132


Tax Frequency

Annually


Days on Market

22


Association Fee Frequency

Monthly


Garage

No


View

No


County

Alachua


Municipality

10


Water Source

See Remarks


Pool

No


Zoning

RC

Listed by ENGEL & VOLKERS GAINESVILLE
Listing Contact: 386-623-2806 

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Data last updated 12/17/2024, 12:13 AM UTC

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