tomo logo

$159,900

Beds
4
Baths
1.5
sq ft
2,560

668 & 670 NE 16th Ter, Gainesville, FL 32641

668 & 670 NE 16th Ter

GAINESVILLE, FL 32641

  • 28 days on market
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.

Details

Property type

Single Family Residence

Property condition

Fixer

Lot size

6,970 sq ft

Price per sq ft

$63

Year built

1948

Annual property taxes

$3,131.79

HOA

No

Price History

11/24/2024
StellarMLS

StellarMLS #GC526472

Listed
$159,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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Status: Active

Tomo last checked: 12/22/2024 at 10:05 AM

Listing updated: 12/16/2024 at 6:36 PM

Listed by: Shawn Hicks, ENGEL & VOLKERS GAINESVILLE Phone #: (352) 672-6325

MLS: StellarMLS #GC526472

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