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4191 SE 22ND AVE Ocala, FL 34480
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Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,008 sqft
Price per Sqft $119
Subdivision Citrus Park
MLS Listing ID OM673200
Sold Date 06/27/24
Bedrooms 8
HOA Y/N No
Originating Board Stellar MLS
Year Built 1980
Annual Tax Amount $5,559
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 90x120
Property Description
Now available! Priced below May 2024 FHA Appraisal of $540,000! 6.8% actual capitalization rate. 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. No owner finance. Not a distressed sale. Please inquire today.
Location
State FL
County Marion
Community Citrus Park
Zoning R1
Interior
Interior Features Ceiling Fans(s), Thermostat
Heating Central, Electric, Heat Pump
Cooling Central Air
Fireplace false
Laundry Inside
Exterior
Exterior Feature Other, Private Mailbox
Garage Common, Covered, Curb Parking, Driveway, Off Street, Open
Utilities Available BB/HS Internet Available, Electricity Connected, Sewer Connected
Waterfront false
Roof Type Shingle
Parking Type Common, Covered, Curb Parking, Driveway, Off Street, Open
Garage false
Private Pool No
Building
Entry Level One
Foundation Block
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction false
Schools
Elementary Schools South Ocala Elementary School
Middle Schools Osceola Middle School
High Schools Forest High School
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with BUSCH REALTY
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