Ocala, FL 34471MLS Number OM682309

  • Price: $2,995,000
  • Est. Mortgage of $/month
  • 149 Days on Market
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Federal 30-year interest rate: 6.69% last updated on Dec 5, 2024
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Ocala FL 34471Ocala FL 34471Ocala FL 34471Ocala FL 34471Ocala FL 34471Ocala FL 34471Ocala FL 34471Ocala FL 34471Ocala FL 34471Ocala FL 34471Ocala FL 34471Ocala FL 34471Ocala FL 34471Ocala FL 34471Ocala FL 34471
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  • 48Bedrooms
  • 3.89Acreage
  • 24Bathrooms
  • 1971Year Built
24-unit multi-family portfolio (12 duplexes) all on one 3.89 acre parcel, located within minutes to downtown Ocala. These units all consist of 2-bedroom 1-bath units, and are currently 100% occupied, providing immediate cash flow to new Owners. All 12 buildings have newer metal roofs, installed in 2019, and have seen various upgrades, and renovations over the last few years. There is immediate opportunity for rental increases with current rents well below market.
Listing Courtesy of COLDWELL BANKER ELLISON REALTY O

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More Info

Location Information

  • Road Frontage DescriptionPaved

Parking

  • Carport Spaces 20
  • Carport YN Yes

Location

  • AreaOcala
  • CountyMarion
  • Exterior Features Other
  • StateFL
  • SubdivisionI And P Apartments
  • TownOcala
  • Township 15S
  • Zip34471

Property Information

  • Acreage3.89
  • Lot Size Dimensions 140x570
  • Lot Size Square Feet 169,448
  • MFR Living Area Meters 1,618
  • MFR Lot Size Square Meters 15,742
  • MFR Total Acreage 2 to less than 5
  • Square Feet17,416

Basic Information

  • Lease Term Twelve Months
  • List Price$2,995,000
  • MLS NumberOM682309
  • Mls Status Active
  • StatusACT

Building

  • Bathroom24
  • Construction Materials Block
  • Foundation Details Slab
  • Levels One
  • RoofMetal
  • Units24
  • Year Built1971

Amenities

  • PetsNo

Water Body

  • MFR Water Access YN No
  • Water ViewNo

Legal

  • Listing Agreement Exclusive Right To Sell
  • Parcel Number 22739-001-00
  • Tax Legal Description SEC 13 TWP 15 RGE 21 S 1/4 OF SE 1/4 OF SE 1/4 EXC E 666.83 FT & EXC RD ROW & EXC N 50 FT OF S 190 FT OF S 1/2 OF SE 1/4 OF SE 1/4 LESS E 666.83 & LESS W 30 FT THAT PORTION OF W 1/2 OF ABROGATED SW 17TH AVE (PLATTED 25TH ST) PER RES 2000-109 DESC AS FOLLO

Tax Information

  • Tax Year 2023
  • Taxes$26,454

Rooms

  • Bedrooms48

Basic Information

  • Occupant Type Tenant
  • Property SubTypeDuplex
  • Special Listing Conditions None

Property

  • ZoningR2

Utilities

  • Cooling Wall/Window Unit(s)
  • Heating Wall Furnance
  • Laundry Features Other
  • Sewer Public Sewer
  • Utilities Electricity Connected, Sewer Connected, Water Connected
  • Water Source Public

Other

  • Date Listed07/17/2024
  • Gross Income $250,020
  • MFR Annual Net Income $156,285
  • MFR Flood Zone Code X
  • Tenant Pays ["Electricity", "Sewer", "Trash Collection", "Water"]
  • View Count110
Fusilier Realty Group

Your Local Office

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Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of December 12, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

I agree to receive marketing and customer service calls and text messages from Fusilier Realty Group. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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