1870 SE 40TH STREET ROAD, Ocala, FL 34480

  • $519,000
  • $545,000
1870 SE 40TH STREET ROAD, Ocala, FL 34480
Closed Completed

1870 SE 40TH STREET ROAD, Ocala, FL 34480

1870 SE 40TH STREET ROAD, Ocala, FL 34480
  • $519,000
  • $545,000

Overview

Property ID: OM673198
  • Multi-Family, Commercial Sale
  • Property Type
  • 3793
  • Sqft
  • 1982
  • Year Built

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

  • Address 1870 SE 40TH STREET ROAD
  • City Ocala
  • State/county FL
  • Zip/Postal Code 34480
  • Area CITRUS PARK
  • Country US

Details

Updated on June 12, 2024 at 6:14 pm
  • Property ID: OM673198
  • Price: $519,000
  • Property Size: 3793 Sqft
  • Land Area: 0.28 Acres
  • Garage Size: x x
  • Year Built: 1982
  • Property Type: Multi-Family, Commercial Sale
  • Property Status: Closed
  • MLS#: OM673198

Additional details

  • Listing Terms: Cash,Conventional,FHA
  • Roof: Shingle
  • Utilities: BB/HS Internet Capable
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump
  • County: Marion
  • Property Type: Commercial Sale
  • Parking: Parking Spaces - 6 to 12

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