735 E UNIVERSITY AVENUE Motivated Seller Bring Offers! Beautifully renovated historic home in the bed & breakfast district of Gainesville. The multi-family zoned home boasts 7 bedrooms and 5 bathrooms with over 4000 sqft of living space. The multi-family zoned home boasts 7 bedrooms and 5 bathrooms with over 4000 sqft of living space. The location plus three rental unit options make this a great long-term or short-term rental. Many upgrades to this home include central HVAC added on the 2nd & 3rd floor, mini splits on the first floor, electrical, roof, interior and exterior paint, and a rebuilt front patio. Upon entering the home, you are welcomed by the original hardwood flooring, a grand staircase, and a foyer that leads to the living room with an original fireplace. Passing through a pocket door is the dining room and then the completely renovated kitchen with new stainless steel appliances, shaker cabinets, and backsplash. Finishing the first floor is a separate studio apartment or bedroom with an original fireplace, an attached renovated bathroom, a patio, and an efficiency kitchen. On the home's second floor is an air-conditioned patio, 2 bedrooms, and an owner suite with an attached bathroom. Transforming this second floor is the addition of a bathroom and laundry room. Finishing the main home is a third-floor studio apartment with a full kitchen, bathroom, and plenty of space for a sitting area and bedroom. Another fantastic addition to this home is the cottage undergoing final renovations. The cottage has a renovated kitchen, bathroom, new paint, NEW roof, and mini split air conditioning. This cottage has the potential for a first and second-floor bedroom. This home has so much to offer, with up to 4 separate units bringing plenty of income potential.