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Asking Price

$ 159,900

Status

Active

668 NE 16th TERRACE

GAINESVILLE, FL,32641, NEW GV ROSEMARY SUB REP

Overview

4 Bedrooms

1 Bathrooms

Garage

2,560 sqft

Year Built: 1948


School Nearby

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.


Features

Status:   Active

Beds:    4

Baths:   1

Square Footage:   2,560 Sq. Ft

HOA Fee:   -

Property Type:   Single Family Residence

MLS Number:   GC526472

Days on Market:   -

Year Built:   1948

Lot Size:  

County:   Alachua

Taxes:   $3,131.00


Address

668 NE 16th TERRACE , GAINESVILLE ,FL

Listing provided by: ENGEL & VOLKERS GAINESVILLE, 352-672-6325

Asking Price

$159,900

Status

Active

Similar Properties

Based on information submitted to the MLS GRID as of 11/25/2024 06:06. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information.