Property Attributes
- MLS#OM673198
- TypePending
- CountyMARION
- CityOCALA
- AreaOcala
- NeighborhoodCitrus Park
- Zip34480
- StyleMulti Family
- Year Built1982
- Taxes$ 5559
- Price$ 519,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3233
- Lot Size0.28 Acres
Data Source:
Stellar MLS
Property Description
Available Now! Possible owner occupant FHA financing. 7% actual capitalization rate. This quadruplex is one of two offered for sale in the same neighborhood! Please see listing OM673200 for details on the other. This high income producing quadruplex is located the popular SE area of town. This quadruplex features four wonderfully renovated 2/1 units. All of the units are presently occupied but one will be vacant Mid March / April to allow for owner occupant FHA financing opportunity. The nearby amenities such as schools, groceries, shopping centers, and restaurants create a high rental rate. This translates into a very profitable opportunity for any new owner. Each unit is outfitted with its separately metered gas, washer, sewer, and electric. Overall the high rental rates, excellent location, and ease of management make this a very lucrative opportunity. Please inquire today. Also for sale is nearby neighboring quadruplex OM673200.
Price History | |
---|---|
2/19/2024 | Listed $545,000 |
3/25/2024 | 5% - $519,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Heat Pump |
Cooling | Central Air |
Utilities | BB/HS Internet Capable |
Roof | Shingle |
Zoning | R3 |
Construction Materials | Wood Siding |
Year Built | 1982 |
Levels | One |
Property SubType | Multi Family |
Tax Year | 2023 |
Percent Ownership | Corporation |
County | Marion |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | CITRUS PARK |
Status | Pending |
Directions | Heading North on 441 turn right onto SE Lake Weir Avenue,then right onto SE 38th St. Then turn right on SE 22nd Ave,and then right on SE 40th St and the property will be on the left. |
City | OCALA |
Buyer Agent Compensation | 2.5% |
Total Units | 4 |
MLS Area | 34480 - Ocala |
Lot Size Square Feet | 12197 |
Waterfront Y/N | No |
Street Name | 40th Street |
Listing Terms | Cash,Conventional,FHA |
Tax Annual Amount | 5559.08 |
Property Condition | Completed |
Public Remarks | Available Now! Possible owner occupant FHA financing. 7% actual capitalization rate. This quadruplex is one of two offered for sale in the same neighborhood! Please see listing OM673200 for details o |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/OM673198 |
Days on Market | 49 |
Standard Status | Pending |
Tax Lot | 12 |
Legal Description | SEC 33 TWP 15 RGE 22 PLAT BOOK S PAGE 014 CITRUS PARK BLK A LOT 12 |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Total Stories | 1 |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Street Suffix | ROAD |
LivingAreaSource | Appraiser |
Living Area Units | Square Feet |
Exterior Features
Parking Features | 6 to 12 Spaces |
---|---|
Water Source | Public |
Lot Size Area | 12197 |
Foundation Details | Block |
Number of Buildings | 1 |
Building Area Total | 3793 |
Lot Dimensions | 100 x 120 |
Lot Size Acres | 0.28 |
Road Surface Type | Asphalt,Paved |
Lot Size Units | Square Feet |
Road Frontage Type | County Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool