You must see this rare opportunity to own two properties on one lot just steps from the heart of Downtown Gainesville! Located at 228 and 232 N.W. 4th Ave., this income-producing package features a single-family home and a duplex, offering tremendous potential for renovation, rental income, or redevelopment.… Read More 228 N.W. 4th Ave. is a charming single-family home featuring a fenced-in backyard, perfect for added privacy or outdoor entertaining. 232 N.W. 4th Ave. is a duplex, with each unit offering unique outdoor spaces: the front unit boasts a welcoming open front porch, while the back unit enjoys its own fenced area and a cozy back porch. Currently, two of the three units are tenant-occupied (through end of July), providing immediate rental income as you plan your improvements. Continue renting out homes or keep them for yourself! The property is zoned for multi-family under 10 units, opening the door for even greater income potential through future development or expansion (subject to city approval). The lot is currently in the process of being split, which will give each building its own parcel—adding even more flexibility and value for future resale or financing options. While these properties do need some work, the unbeatable downtown location, flexible zoning, and strong rental demand make this an outstanding investment option. Opportuities like this in the downtown core are rare—schedule your showing today! Read Less
Courtesy of KELLER WILLIAMS GAINESVILLE REALTY PARTNERS 352-240-0600
Listing Snapshot
Days Online
14
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
3
Square Ft.
2,498
Lot Size
0.2 Acres
Year Built
1949
MLS Number
GC530419
30 Days Snapshot Of 32601
$324k
+12%
(avg) sold price
9
-30%
homes sold
39
-18%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 232.07, Room Count: 3, Building Area Total: 2850, Building Area Units: Square Feet, Construction Materials: "Frame", Direction Faces: South, Levels: "One", Living Area: 2498, Stories Total: 1, Year Built: 1949
Lot
Lot Size Square Meters: 809, Total Acreage: 0 to less than 1/4, 0.2 acres, 8712 square feet
Property Access
Road Surface: "Asphalt"
Appliances & Equipment
Appliances: "Cooktop", "Electric Water Heater", "Refrigerator"
Cooling
Cooling: "Wall/Window Unit(s)"
Exterior Features
Exterior Features: "Sidewalk"
Floors
Flooring: "Tile", "Wood"
Foundation
Foundation Details: "Crawlspace"
Heating
Heating: "Ductless"
Interior Features
Interior Features: "Primary Downstairs"
Laundry
Laundry Features: "None"
Property
Other Structures: "Additional Single Family Home", Zoning: RC
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Utilities
Utilities: "Electricity Connected", "Sewer Connected", "Water Connected", Water Source: "Public"
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