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1870 SE 40th Street Road

Ocala, FL 34480
  • $519,000
  • STATUS: Pending
  • ON SITE: 56 Days
  • MLS #: OM673198
Pending
$519,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,233
    SQFT
  • $161
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1982
County:
Area:

School Ratings & Info

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. The roof is 2015. Please inquire today. Also for sale is nearby neighboring quadruplex OM673200.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-04-03T23:47:57.667.
www.locallivingrg.com/homes/147738136
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1870 SE 40th Street Road Ocala, FL 34480

  • Price: $519,000
  • Status: Pending
  • On Site: 56 Days
  • MLS #: OM673198
0
Beds
0
Baths
0
½ Baths
0.28
Acres
3,233
SQFT
$161
$/SQFT
1982
Built
Neighborhood:
Citrus Park
County:
Marion
Area:
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. The roof is 2015. Please inquire today. Also for sale is nearby neighboring quadruplex OM673200.
Exterior Features

Adjoining Property Multi-Family Construction Materials Wood Siding Foundation Details Block Lot Size Dimensions 100 x 120 Parking Features 6 to 12 Spaces Road Frontage Type County Road Road Surface Type AsphaltPaved Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 3793 Ceiling Type Drywall Cooling Central Air Cooling YN Yes Heating Heat Pump Heating YN Yes Levels One Sewer Public Sewer Stories Total 1 Water Source Public

Property Features

Flood Zone Code X Listing Terms CashConventionalFHA New Construction Yn No Ownership Corporation Property Condition Completed Property Sub Type Multi Family Special Listing Conditions None Tax Annual Amount 5559.08 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet Capable Zoning R3


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of BUSCH REALTY: 352-690-1909.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-04-03T23:47:57.667.
 
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