$650,000

228 232 Nw 4Th Avenue , Gainesville, FL 32601

 
Bedrooms:5 beds
Bathrooms:3 baths
Residential:2,498 sqft
Lot:0.2
Year Built:1949
Listing Status:Active

Listing Agent

Zoma De Las Estrellas
http://kwgainesville.com
Loan Amount:
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These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

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. 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!

Detailed Items

Other Information

228 232 Nw 4Th Avenue, Gainesville, FL, 32601 is a residential listing of 2,498 sqft on a lot of 0.2. This residential listing has 5 bedrooms, and 3 baths. The map for this location can be viewed on Google maps at Google maps to property228 232 Nw 4Th Avenue, Gainesville, FL
Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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