LatoyaBrown
BEDS3
BATHS
SQUARE FEET1,751
MLS#GC542480
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBROWNS
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Lot Size: 0.11 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $3,964
Year Built: 1930
Amenities
Other
Primary Bedroom Main Floor
Other
Feature Descriptions
Accessibility Features: Accessible Bedroom, Accessible Closets, Accessible Hallway(s), Accessible Kitchen
Annual Net Income: 22600.00
Appliances: Range
Days on Site: 3
Directions: From NW 13th St. Head East on NW 4th Ave. Turn North on 10th Street then Turn East on 4th Place. Home will be on right.
Exterior: HardiPlank Type, Other, Frame
Flood Zone Code: X
Flooring: Laminate, Other
Foundation: Crawlspace
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash
Lot Dimensions: 0.11
Ownership: Fee Simple
Patio/Porch: Covered, Front Porch
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Before Showing, Call Listing Agent, No Lockbox, See Remarks
Special Sale Provisions: None
Units: 3
Utilities: Electricity Available, Sewer Available, Water Available
Water: Public
Water Access Y/N: No
Zoning: U4
Local Schools
High School: Gainesville High School-AL
Middle School: Westwood Middle School-AL
Elementary School: Carolyn Beatrice Parker Elementary
Listed By / Shown By
Listed By
Agency Name: BHHS FLORIDA REALTY
Agency Contact: 352-225-4700
Shown By
Agent Name: Latoya Brown
Agent Phone: Cell: (754) 214-7762
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 1,463.09 per month $1,001.50 Principal & Interest $330.33 Property Tax $131.25 Homeowner's InsuranceChange Payment Information
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907 NW 4th Place | MLS# GC542480
This multi-family property located at 907 NW 4th Place , Gainesville, FL 32601 is currently listed for sale with an asking price of $450,000. Search Gainesville real estate on lbrown.realty100.com today.