$146,900 for Sale
668 & 670 ne 16th terrace , gainesville, FL 32641
| Beds 4 | Baths 2 | 2,560 Sqft | 0.16 Acres |
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Property Description
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.
General Information
Sale Price: $146,900
Price/SqFt: $57
Status: Active
MLS#: GC526472
City: gainesville
Post Office: gainesville
County: Alachua
Subdivision: new gv rosemary sub rep
Acres: 0.16
Bedrooms:4
Bathrooms:2 (1 full, 1 half)
House Size: 2,560 sq.ft.
Acreage: 0.16 est.
Year Built: 1948
Property Type: Single Family Residence
Style:
Features & Room Sizes
Paved Road: Other
Garage: No
Construction: Block, Concrete
Exterior Misc: Other
Basement: No
Foundation : Slab
Appliances: None
Cooling: None
Heating: Other
Waste: Other
Watersource: See Remarks
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $3,132
Legal Description: ROSEMARY PARK PB C-95 LOT 7 BK C OR 4291/0096
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Shawn Hicks of ENGEL & VOLKERS GAINESVILLE, Phone: 352-672-6325
