668 Northeast 16th Terrace
$159,900
4
1
1
2,560
2,560
$62
New
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...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.
- Listed by Shawn Hicks • ENGEL & VOLKERS GAINESVILLE
- Listed by Kimberley Brown • ENGEL & VOLKERS GAINESVILLE
Property Details for 668 Northeast 16th Terrace
Subdivision Name
NEW GV ROSEMARY SUB REP
Township10
WaterfrontNo
LISTING UPDATED: 11/25/2024 03:21 AM
Property Details for 668 Northeast 16th Terrace
Status | Active |
---|---|
MLS # | GC526472 |
Days on Market | 1 |
Taxes | $3,132 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1948 |
Lot Size | 0.16 AC / 6,970 SF |
County | Alachua County |
Building Information for 668 Northeast 16th Terrace
Stories2Year Built1948Building Size-Lot Size0.16 AC / 6,970 SF
Property Information for 668 Northeast 16th Terrace
Property History for 668 Northeast 16th Terrace
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 668 Northeast 16th Terrace
Taxable ValueLand$13,000Additions$116,624Total$129,624
Tax Record2023$3,132 ($261 / month)
Home Facts
Beds4Total Finished SqFt2,560 SqFtAbove Grade Finished SqFt2,560 SqFtStories2Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1948Year Renovated1968ZoningRCCountyALACHUAAPN10989-000-000
Schools near 668 Northeast 16th Terrace
This home is within Alachua.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 8 to 12 |
Rating | School | Distance |
---|---|---|
Marjorie Kinnan Rawlings Elementary School PublicPK to 5 | ||
Westwood Middle School Public6 to 8 | ||
Gainesville High School Public9 to 12 | ||
North Central Florida Public Charter School Charter8 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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