668 NE 16th Terrace

Gainesville, FL 32641

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.

This is an Active listing.

Broker Office Phone Number: 352-672-6325

Copyright © 2024Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.