Property Attributes
- MLS#OM673200
- TypePending
- CountyMARION
- CityOCALA
- AreaOcala
- NeighborhoodCitrus Park
- Zip34480
- StyleQuadruplex
- Year Built1980
- Taxes$ 5559
- Price$ 519,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4008
- Lot Size0.33 Acres
Data Source:
Stellar MLS
Property Description
Now available! This quadruplex is one of two offered for sale in the same neighborhood! 6.8% actual capitalization rate. Please see listing OM673198 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 on annual leases. This property features ample parking as well indoor laundry in each unit. 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, waster, sewer, and electric. Overall the high rental rates, excellent location, and ease of management make this a very lucrative opportunity. Please inquire today. Also available is a similar quadruplex in the same community MLS# OM673198
Elementary School | Middle School | High School |
---|---|---|
South Ocala Elementary School | Osceola Middle School | Forest High School |
Price History | |
---|---|
2/19/2024 | Listed $545,000 |
3/25/2024 | 5% - $519,000 |
General Features
Interior Features | Ceiling Fan(s),Thermostat |
---|---|
Sewer | Public Sewer |
Heating | Central,Electric,Heat Pump |
Cooling | Central Air |
Utilities | BB/HS Internet Available,Electricity Connected,Sewer Connected |
Roof | Shingle |
Exterior Features | Other,Private Mailbox |
Zoning | R1 |
Construction Materials | Wood Siding |
Year Built | 1980 |
Levels | One |
Property SubType | Quadruplex |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Marion |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | CITRUS PARK |
Garage Y/N | No |
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 the property will be on the left. |
High School | Forest High School |
City | OCALA |
Buyer Agent Compensation | 2.5% |
Senior Community Y/N | No |
Total Units | 4 |
MLS Area | 34480 - Ocala |
Lot Size Square Feet | 14375 |
Private Pool | No |
Waterfront Y/N | No |
Carport Spaces | 1 |
Carport Y/N | Yes |
Street Name | 22nd |
Listing Terms | Cash,Conventional |
Elementary School | South Ocala Elementary School |
Tax Annual Amount | 5559.08 |
Middle/Junior High School | Osceola Middle School |
Property Condition | Completed |
Public Remarks | Now available! This quadruplex is one of two offered for sale in the same neighborhood! 6.8% actual capitalization rate. Please see listing OM673198 for details on the other. This high income produci |
Ok to Lease | 12 Months |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/OM673200 |
Days on Market | 55 |
Standard Status | Pending |
Tax Lot | 11 |
Legal Description | SEC 33 TWP 15 RGE 22 PLAT BOOK S PAGE 014 CITRUS PARK BLK K LOT 11 |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Heating Y/N | Yes |
Fireplace Y/N | No |
Street Suffix | AVENUE |
Laundry Features | Inside |
Total Bedrooms | 8 |
LivingAreaSource | Appraiser |
Total Baths | 4 |
Living Area Units | Square Feet |
Exterior Features
Parking Features | Common,Covered,Curb Parking,Driveway,Off Street,Open |
---|---|
Water Source | Public |
Lot Size Area | 14375 |
Foundation Details | Block |
Number of Buildings | 1 |
Building Area Total | 4864 |
Lot Dimensions | 90 x 120 |
Lot Size Acres | 0.33 |
Road Surface Type | Asphalt,Paved |
Lot Size Units | Square Feet |
Covered Spaces | 1 |
Open Parking Y/N | Yes |
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