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Scott Barrett

sbarrett@floridaluxury.com +1(727) 243-3664

$ 450,000

Est. payment | -/mo

3 Beds

3 Baths

1,751 SqFt

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$ 450,000

Est. payment | -/mo

Save

3 Beds

3 Baths

1,751 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,751 sqft

Price per Sqft $256

Subdivision Browns Addition

MLS Listing ID GC542480

Bedrooms 3

Construction Status Completed

HOA Y/N No

Year Built 1930

Annual Tax Amount $3,964

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Triplex

Source Stellar MLS

Property Description

Exceptional Investment & Development Opportunity! Rare opportunity to own a triplex situated on U4 (Urban 4) zoned parcel, offering immediate rental income and exciting long-term redevelopment potential. The U4 zoning district is designed to encourage walkable urban development and provides flexible building standards that may appeal to investors, builders, and developers. U4 zoning also allows up to 3 stories (42 feet maximum height), 0-foot interior side setbacks (subject to utilities and easements), and rear setbacks of 3 feet with an alley or 10 feet without. Accessory Dwelling Units (ADUs) are permitted, allowing one attached and one detached ADU per parcel, provided a primary residence remains on the property and all applicable City standards are met. The property is not located within a historic district, though buyers should verify any requirements with the City due to the age of the existing structures. Whether you're looking to continue operating the existing triplex, expand your investment portfolio, or explore future redevelopment opportunities, this property offers exceptional flexibility in a highly desirable location. Buyers are encouraged to verify all zoning regulations, permitted uses, development standards, and future plans with the City of Gainesville. For buyers seeking an extraordinary investment opportunity, the adjacent properties are also available- 908 NW 4th Place and 918 NW 4th Place.

Location

State FL

County Alachua

Community Browns Addition

Area 32601 - Gainesville

Zoning U4

Interior

Interior Features Other, Primary Bedroom Main Floor

Heating Electric

Cooling Central Air

Flooring Laminate, Other

Furnishings Unfurnished

Fireplace false

Appliance Range

Laundry Electric Dryer Hookup, Laundry Closet, Washer Hookup

Exterior

Exterior Feature Other

Utilities Available Electricity Available, Sewer Available, Water Available

View Y/N No

Water Access No

Roof Type Shingle

Porch Covered, Front Porch

Garage false

Private Pool No

Building

Entry Level One

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type,Other,Frame

New Construction false

Construction Status Completed

Schools

Elementary Schools Carolyn Beatrice Parker Elementary

Middle Schools Westwood Middle School-Al

High Schools Gainesville High School-Al

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Listed by Angelina Ballatore BHHS FLORIDA REALTY

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(727) 243-3664

sbarrett@floridaluxury.com

11923 Oak Trail Way, Richey, Florida, 34668, United States

907 NW 4TH PL Gainesville, FL 32601

Scott Barrett

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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907 NW 4TH PL