Address1870 Se 40Th Street Road, OCALA, FL, 34480
Price$519,000
- Commercial Sale
- 3,233 SQ FT
- Built in 1982
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.
Essential Information
- MLS® #OM673198
- Price$519,000
- Bathrooms0.00
- Square Footage3,233
- Acres0.28
- Price/SqFt$161 USD
- Year Built1982
- TypeCommercial Sale
- Sub-TypeMulti-Family
- StatusPending
Community Information
- Address1870 Se 40Th Street Road
- AreaOcala
- SubdivisionCITRUS PARK
- CityOCALA
- CountyMarion
- StateFL
- Zip Code34480
Amenities
- ParkingParking Spaces - 6 to 12
Interior
- HeatingHeat Pump
- CoolingCentral Air
- # of Stories1
Exterior
- RoofShingle
- FoundationBlock
Additional Information
- Date ListedFebruary 19th, 2024
- Days on Market57
- ZoningR3
Listing Details
- OfficeBUSCH REALTY
Price Change History for 1870 Se 40Th Street Road, OCALA, FL (MLS® #OM673198)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Pending | – | |
| Status Changed from Pending to Active | – | |
| Status Changed from Active to Pending | – | |
| Price Reduced from $545,000 to $519,000 |
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The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than NV Realty Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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