668 NE 16th Ter., Gainesville, FL 32641

668 NE 16th Ter., Gainesville, FL 32641
Photo 1 of 11
$159,900
Beds Baths Sq. Ft. Taxes Built
4 1.10 2,560 $3,132 1948
On the market: 1 day

Est. Monthly Payment:

$1,175($914 + $261 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Shawn Hicks & Kimberley Brown, ENGEL & VOLKERS GAINESVILLE & ENGEL & VOLKERS GAINESVILLE