Price Reduced 4.77%
Price History
$545,000
2/19/2024
$519,000
3/25/2024
1870 SE 40th Street ROAD, Ocala, FL, 34480
1982
3,233 sqft
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.
Status:
Pending
Type:
Commercial
Units:
4
Complex:
CITRUS PARK
Garage:
6 to 12 Spaces
Heating:
Heat Pump
Cooling:
Central Air
Levels:
1
Lot Size:
100 x 120
Acreage:
0.28
Est. Taxes:
$5,559
Construction
Wood Siding
Utilities
BB/HS Internet Capable
Days on Market:
49
MLS #:
OM673198
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of BUSCH REALTY Phone: 352-690-1909