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1102 NW 3rd Avenue

Gainesville, FL 32601

7 beds
3 baths
2,826 sqft
4,791 sqft lot
$212 per sqft
1951 build
– on site

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Investor Alert! Here is your chance to purchase a 3 unit property on NW 3rd Ave. This listing includes two large 3 bedroom/1 bathroom apartments in a 2-story building and a free standing 1 bedroom/1bathroom home. The 3 bedroom units feature hard flooring surfaces throughout, tall ceilings, large rooms, a separate dining room (shown as a bedroom on the tax roll), and a washer and dryer in each unit. The downstairs unit has a large, screened porch. The free-standing cottage also has hard flooring surfaces throughout and an updated kitchen and bathroom. All units have 200 amp electrical panels, metal roofs, and a recent exterior repaint. We've managed this property for 8 years with 100% occupancy and happy tenants. The three bedroom units are rented through July 2023 for $1650/month each. The 1 bedroom unit is rented through July 2023 for $1000/month. All tenants have renewed for Aug 2023-July 2024 at increased rates. Rent for the 1-bedroom increases to $1100/month beginning August 1 2023. Rent for the 3-bedroom units increases to $1725/month beginning August 1 2023.

Listing courtesy of STELLAR_MLS / ALLIGATOR REALTY INC.

Last checked: Checking… • Last updated Sep 14, 2024 •

MLS# GC512510 —

The Building

Year Built:

1951
New Construction:

false
Construction Materials:

Asbestos
Roof:

Metal
Foundation Details:

Crawlspace
# of Buildings:

2
Building Area Units:

Square Feet

Interior

Interior Features:

Ceiling Fan(s)
Fireplace:

false

Room Dimensions

Living Area:

2826
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From NW 13th St and NW 3rd Ave...proceed east 3 blocks. 2-story blue house is on your left. The 1-bedroom is behind it on NW 11th St.
Latitude:

29.654072
Longitude:

-82.336155
Coordinates:

-82.336155, 29.654072

The Property

Parcel Number:

13952000000
Property Type:

Residential Income
Property Subtype:

Triplex
Lot Size Acres:

0.11
Lot Size Area:

4791
Lot Size SqFt:

4791
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

U4
View:

false
Exterior Features:

Other
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Flood Zone Code:

x
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Lot:

1
Tax Legal Description:

BROWN ADDN BK 11 PB A-64 HICKSON REPLAT PB B-50 LOT 26 OR 4587/0062
Tax Annual Amount:

7718

Beds

Bedrooms Total:

7

Baths

Total Baths:

3

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Heat Pump
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

The Community

Subdivision Name:

BROWNS ADDN
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/29/23 May 29, 2023	Sold	STELLAR_MLS	$600,000	-4.0%
5/2/23 May 2, 2023	Pending	STELLAR_MLS	$624,900
4/17/23 Apr 17, 2023	Listed / Active	STELLAR_MLS	$624,900

Multifamily Sold on 5/29/2023

$600,000

Listing provided by broker:

Eric Wild

ALLIGATOR REALTY INC.

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Listing Courtesy of: STELLAR_MLS and ALLIGATOR REALTY INC..

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

1102 NW 3rd Avenue

Gainesville, FL 32601