1870 Se 40th Street Road, Ocala, FL 34480
- $490,000
- 3,233
- SqFt
- Sold Price
- $490,000
- List Price
- $519,000
- Status
- Sold
- Days on Market
- 49
- Closing Date
- Jun 12, 2024
- MLS#
- OM673198
- Property Style
- Multi-Family
- Year Built
- 1982
- Living Area
- 3,233
- Lot Size
- 12,197
- Acres
- 0.28
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Citrus Park
- MLS Area Major
- Ocala
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.
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Additional Information
- Taxes
- $5559
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- R3
- Utilities
- BB/HS Internet Capable
- Heating
- Heat Pump
- Air Conditioning
- Central Air
- Exterior Construction
- Wood Siding
- Roof
- Shingle
- Foundation
- Block
- Pool
- No Pool
- Garage Features
- Parking Spaces - 6 to 12
- Flood Zone Code
- X
- Parcel ID
- 3120-001-012
- Legal Description
- SEC 33 TWP 15 RGE 22 PLAT BOOK S PAGE 014 CITRUS PARK BLK A LOT 12
Listing courtesy of BUSCH REALTY. 352-690-1909
Selling Office: PEOPLE'S TRUST REALTY.Mortgage Calculator
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